The climate-related disclosure rule proposed by the Securities and Exchange Commission (SEC) this week attempts to elevate public companies’ evaluation of climate risk from nice-to-have to must-have.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...