SEC Set to Weigh Climate-Change Disclosure Proposal This Month

The U.S. Securities and Exchange Commission is set to release this month its highly-anticipated plan aimed at pressing companies to do more to tackle climate change.

The rule would mark one of the most concrete step yet by one of President Joe Biden’s financial regulators to address the effects of a warming planet, a key focus for the White House. The proposal is expected to require companies to disclose more about the risks posed to their operations by rising temperatures, and it could force firms to reveal details such as the amount of energy they buy.

The SEC ...