SEC Proposes to Scrap Corporate Climate Reporting Rules
Published Date: 6/3/2026
Proposed Rule
Summary
The SEC wants to cancel rules that made companies share climate-related info in their reports. This change affects public companies who no longer have to report on climate risks, saving them time and money. Comments on this proposal are open until August 3, 2026, so people can share their thoughts before it’s final.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 0 costs, 2 mixed.
Rescinds mandatory climate disclosures
The SEC proposes to rescind the 2024 amendments that would have required registrants (public companies) to provide climate-related information in registration statements and annual reports. If finalized, public companies would no longer be required to make those mandated climate disclosures, removing the compliance obligation the Commission had adopted in 2024.
Eliminates GHG reporting and attestations
The Final Rules required large accelerated filers (LAFs) and certain accelerated filers (AFs) to disclose Scope 1 and Scope 2 greenhouse gas (GHG) emissions (expressed in CO2e), methodologies, and file attestation reports. The attestation timing in the Final Rules required an AF to file a limited-assurance attestation beginning the third fiscal year after the compliance date and an LAF to file limited assurance beginning the third fiscal year and reasonable assurance beginning the seventh fiscal year; the rescission would remove those requirements.
Removes board oversight and risk-management disclosures
Under the Final Rules, registrants had to disclose any board oversight of climate-related risks (regardless of materiality) and management's role in assessing and managing material climate-related risks, plus processes for identifying, assessing, and managing those risks. The proposed rescission would eliminate these mandated governance and risk-management climate disclosures.
Removes financial statement climate effects disclosures
The Final Rules required registrants to disclose financial statement effects of severe weather and other natural conditions (capitalized costs, expenditures expensed, charges, and losses, subject to one percent and de minimis thresholds) and costs related to carbon offsets and renewable energy credits (RECs) when material to climate-related targets. The proposed rescission would eliminate those mandated financial-statement climate disclosures.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163, The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373, Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222, Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651, Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-14746, Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule General 8 Regarding Intrafirm Cabinet Connectivity
Nasdaq PHLX is updating its rules to clearly include non-contiguous intrafirm cabinet connectivity as part of its fiber connectivity services and is changing the fees for this service. This affects firms using Nasdaq’s data center connections, making the rules clearer and the pricing more transparent. The changes took effect immediately on July 9, 2026, so firms should review their costs and connections now.
2026-14743, Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified and Superseded by Amendment No. 1, To Amend Its Rules Related to Binary Options
Cboe Exchange is updating its rules to let traders buy and sell binary options on any index it already offers, with new morning and afternoon settlement times. They’re also changing position limits to apply per expiration date, making trading clearer and more flexible. These changes kick in quickly and could affect how much money traders can risk on these options.
Previous / Next Documents
Previous: 2026-11085, Airworthiness Directives; General Electric Company Engines
The FAA wants to fix a fuel leak problem in certain General Electric GEnx engines by making airlines replace the main fuel pump with a safer part. This affects many big airplane engines and aims to keep flights safe and smooth. Comments on this plan are open until July 20, 2026, and swapping parts might cost some money but prevents bigger issues down the runway.
Next: 2026-11093, Amending the Medical Evaluation Requirements in the Respiratory Protection Standard for Certain Types of Respirators
OSHA wants to make it easier for workers using certain respirators by removing some medical check-ups for filtering facepiece and loose-fitting powered air-purifying respirators. This change affects workers who wear these masks and could save time and money on medical evaluations. The public can share their thoughts until July 6, 2026, before the rule is finalized.