May 1, 2022
SEC Releases Draft Rule on Climate-Related Disclosures
Are you prepared for the SEC’s draft climate disclosure rule?
This resource paper provides an overview of the SEC’s proposed rule on climate-related disclosures, explaining its key provisions and what companies should anticipate as the rule moves through the comment and finalization process.
Key Findings
Historic proposal — In March 2022, the SEC released a 500+ page draft rule that would significantly expand climate and ESG-related corporate disclosures.
New reporting areas — Companies would be required to disclose climate-related risks, greenhouse gas emissions, and material financial impacts as low as one percent.
Investor-focused — The draft rule responds to investor demand for standardized, verified climate and ESG data in financial filings.
Summary
The SEC’s draft climate disclosure rule represents a potential turning point in corporate transparency. If adopted, companies will be required to disclose climate-related risks, opportunities, and impacts within financial filings such as the 10-K and 10-Q. The rule also introduces requirements for greenhouse gas emissions reporting and, in some cases, third-party assurance of those disclosures. With its scope and detail, the draft rule is expected to bring profound changes to both financial and sustainability reporting.
What You’ll Learn
This resource paper summarizes the SEC’s draft rule, its key disclosure requirements, and what may change before the final version is published. It also highlights what companies should consider now in anticipation of new compliance obligations.
Download Now
Related Resources
Find What You Need. Learn Something New.
October 15, 2025 
Build your sustainability strategy.
Chat with our experts to get started on your journey.
Get Started