Trusted Guidance for SEC Climate Disclosure Rules
Reporting and Compliance

The SEC Climate Disclosure rules were finalized on March 6, 2024.  Public registrants are now required by the SEC to include climate-related disclosures in their registration statements and annual reports including:

  • Material climate-related financial risks
  • Scope 1 and 2 GHG emissions, if deemed material
  • Financial statements of severe weather events 

Start preparing now to get ahead. The Schneider Downs ESG Team can help your organization:

✔ Assess ESG readiness

✔ Develop the appropriate ESG framework and strategy

✔ Operationalize processes and controls

✔ Meet reporting requirements and establish program governance for long-term success

✔ Provide independent assurance services for organizations with ESG disclosures related to financials and other key metrics

 

Schneider Downs ESG Services
Get the insight and information you need to interpret and meet the SEC Climate Disclosure Rules to actively mitigate risk and prepare for the future.

ESG Framework GAP Assessment

ESG GRC Technology Implementation recommendations

ESG Implementation Support

ESG Program Roadmap

ESG Materiality Assessment

ESG Stakeholder Alignment

SEC Climate Disclosure Key Dates

The final rules will be phased in for all registrants with the compliance date dependent upon the status of the registrant as an LAF, an AF, or non-accelerated filer (NAF), smaller reporting company (SRC), or emerging growth company (EGC).

  • LAF
    2026: Narrative Disclosure and Financial Statements based on 2025 data
    2027: Scope 1 and 2 Metrics based on 2026 data

  • AF
    2027: Narrative Disclosure and Financial Statements based on 2026 data
    2029: Scope 1 and 2 Metrics based on 2028 data

  • Others
    2028: Narrative Disclosure and Financial Statements based on 2027 data

           Not sure what your registrant status is? Contact our team.

About Schneider Downs ESG Consulting

With our industry expertise and extensive knowledge of the risk advisory landscape, the Schneider Downs team can help your organization perform a gap assessment relative to the finalized regulation, suggest areas of improvement and meet disclosure requirements.

Learn more about our ESG consulting services at www.schneiderdowns.com/esg or contact the team at contactsd@schneiderdowns.com.

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