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SEC Climate Disclosure Rule: A Discussion with Vinson & Elkins, EY and Other Stakeholders on What You Need to Know

SEC Climate Disclosure Rule – Join a discussion with Vinson & Elkins, EY, Chubb and Longacre on an overview of the SEC’s final rule on climate disclosures adopted March 6th, how to prepare for implementation, overlay with other disclosure regimes and more.

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Video Timestamps

0:08 1. Welcome and Introduction
5:05 2. Overview of the Final Rule
51:15 3. Interaction with Other Mandatory and Voluntary Reporting Frameworks

  1. Interplay with EU’s CSRD requirements
  2. Interplay with California’s Climate Laws
  3. Interplay with Voluntary Disclosure Frameworks (ISSB, TCFD, etc.)
    1. E.g., “Materiality”; greenwashing; interplay with other proposed and finalized rules regarding climate change
1:13:21 4. Stakeholder Perspectives on Value/Risks of the Rule

  1. Insurance
  2. Asset holders
  3. Public companies
1:36:22 5. Preparing for Compliance

  1. Corporate governance issues
    1. Developing disclosure controls and procedures
    2. Reevaluating governance of climate risk in light of Final Rule (e.g., board oversight and management’s role)
  2. Internal controls and procedures
    1. Developing internal controls for new disclosures (e.g., data collection and verification processes, documentation, etc.)
1:54:53

 

6. What to Expect Next: Litigation and Timing Considerations

  1. Rule’s proposed timeline for implementation
  2. Litigation overview/potential impacts on implementation timeline
  3. Best practices during litigation

This presentation was recorded and current as of March 19, 2024. Content viewed after this date may no longer be current.

 

Speakers

Principal, ESG Strategy, Corporate Governance and Investor Relations, Ernst & Young LLP, EY-Parthenon
Rodolfo Araujo
Partner in Financial Accounting Advisory Services - ESG Reporting, Ernst & Young LLP
Kari Helm
Partner, Chair of Corporate Governance & Shareholder Engagement, Longacre Square Partners
Jessica McDougall

This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.