Discussion of SEC Climate Disclosures & Climate Advisory Services
The United States Securities and Exchange Commission recently raised the bar on how public companies report their exposure to climate change.
The new SEC rules have reinvigorated the demand for climate advisory services, and related sustainability and emissions mitigation practice areas in the environmental industry.
Panelists share their perception of the new rules and their implementation, and how they have developed client demand and built out their practice areas in 2022.
The new SEC rules require companies to
- Disclose climate risks to all of their assets, including regulatory technology market and reputational risks;
- Report audited scope 1 and scope 2 emissions, and scope 3 depending on the company;
- Disclose existing GHG emissions targets and NetZero plans.
Josh Nothwang – Global Managing Director, Sustainability Advisory – Arcadis
Elizabeth Logan – ESG & Climate Governance, Strategy and Reporting | Net-Zero Target Setting & Planning – AECOM
Leslie Shoemaker – President – Tetra Tech
Masjood Jafri – Resiliency Director, Atkins, Member of the SNC-Lavalin Group