Finance

SEC Takes a Different Route Than Europe on Climate Disclosures

U.S. regulators seem to have chosen a company-focused approach when it comes to climate-risk transparency.

Photographer: Joshua Roberts
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The U.S. Securities and Exchange Commission has decided to take a different tack on climate-risk disclosures than its counterparts in Europe. Instead of targeting investment managers, the SEC is focusing on the companies they invest in—and the executives who run them.