SEC Drops Hints About ESG Rule in Retorts to Vague Disclosures

Market regulators have offered scant details about an ambitious plan to require companies to disclose details about their greenhouse gas emissions and how climate change impacts their operations.

But correspondence between a select group of major companies and the U.S. Securities and Exchange Commission offers some clues on agency priorities in one part of the proposal, which is scheduled to be unveiled next week. The SEC behind the scenes has pressed more than two dozen companies to spell out how they plan to make their companies greener or stave off the effects of extreme weather, the letters show. And ...