Standard-setters consider softer start to climate risk disclosure

CFO Dive: Standard-setters consider softer start to climate risk disclosure

February 24, 2023

United States
United States
United States

Eversheds Sutherland Partner Darryl Smith is quoted in this CFO Dive article discussing the Securities and Exchange Commission’s (SEC) plans to release a final rule requiring publicly traded companies to report on greenhouse gas emissions and the risks from climate change.

“I’ve been practicing for 15 years and this is by far the most attention an SEC rule has seen from a political or news standpoint, or a comments standpoint,” he said.

Even if the SEC follows the lead of the ISSB and gradually phases in its rules, U.S. companies need to prepare for disclosing much more detailed information on climate risk, Darryl added.  

“Regardless of the final details of the proposed rule, you will see increased climate disclosure in SEC reports,” he said. “There already is a very robust framework in terms of what information is material, and a number of investors have been very clear that climate-related risk disclosure is material information in their view.”

The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.

Services

Industries

Business Topics

Key contacts

darrylsmith@eversheds-sutherland.com

Darryl F. Smith

Partner

Atlanta, United States

Latest Insights

Latest News

Latest Events

skyscrapers upward view modern city glass buildings corporate architecture

legal updates

June 02, 2026

Illinois tax increases part two: Digital asset privilege tax, prediction ma...

blue-building-windows-angular-168133144_m_flipped

legal updates

June 02, 2026

Georgia’s corporate governance reform: Key changes under HB 1185

Curved building with hexagonal patterned glass

legal updates

June 01, 2026

Illinois tax increases part one: Digital services taxes

modern glass building facade geometric architecture urban perspective

legal updates

May 29, 2026

Federal insurance developments: Recent activity and key issues to watch

© 2026 Eversheds Sutherland (US) LLP

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed or affiliated firms and the members of Eversheds Sutherland (Europe) Limited and Eversheds Sutherland (Africa) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the member firms or their controlled, managed or affiliated entities are in a partnership or are part of a global entity. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For information on Konexo please also see the Legal Notices page of this website
ATTORNEY ADVERTISING - Prior results do not guarantee a similar outcome.
Unless otherwise indicated, attorneys at Eversheds Sutherland (US) LLP are not certified by the Texas Board of Legal Specialization.