Legal experts are advising their public company clients to move forward with plans to comply with the Securities and Exchange Commission’s (SEC) climate-related disclosure rule, despite lawsuits and other challenges being brought against the controversial policy in the aftermath of its approval.
“We think it’s a better approach to prepare for the rule to take effect,” said Megan Gates, partner at law firm Covington. “It’s not a great approach to wait and see, if that means not doing anything.”
