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April 8, 2024

A forward march: despite delays, climate disclosure is inevitable

Securities and Exchange Commission headquarters and logo
The SEC’s climate disclosure rule represents a transformative shift towards embedding sustainability in the fabric of corporate strategy (Photo: Al Drago/Bloomberg)

The US Securities and Exchange Commission’s decision last week to ‘stay’ its proposed climate disclosure rule will not change the long-term direction of travel

The decision by the US Securities and Exchange Commission to pause the implementation of its groundbreaking climate disclosure rule may seem like a setback to some. Yet, this is a strategic pause, not a halt.

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