Survey Report: Preparing for the SEC’s climate-related disclosure rule

More than 70 percent of respondents to a recent survey from Compliance Week and advisory, tax, and assurance firm CohnReznick LLP said their companies were already preparing to comply with the climate-related disclosure rule proposed in March by the Securities and Exchange Commission (SEC).

The SEC’s proposal is a sweeping potential mandate that would force all public companies to quantify, measure, and disclose their effect on the environment. From late April until early June, nearly 250 compliance and audit professionals responded to the survey sharing their insights regarding the proposal and its effect on their businesses.

In this report, you will learn:

• How much survey respondents expect compliance with the proposed rule to cost
• Which role or job function is leading firms’ efforts to comply with the rule
• The biggest hurdles facing businesses in preparing to meet the requirements of the rule