SEC Climate-Related Disclosures – Deep Dive
Author: Kelen Camehl
| CPE Credit: |
4 hours for CPAs |
On March 6, 2024, the SEC released its long-awaited final rules with respect to climate-related disclosures for public companies. These rules reflected the SEC’s attempt at responding to investors’ demand for more information about climate-related risks while also balancing the costs of implementing the disclosure requirements. This course provides an overview of the climate-related disclosure requirements along with information about when public companies must start including these disclosures in their respective filings.
Publication Date: April 2024
Topics Covered
- How Did We Get Here?
- Pre-2000s to Early 2010s
- SEC’s Initial Guidance (2010-2015)
- Rising Investor Pressure and Voluntary Reporting Initiatives (Mid-2010s to Early 2020s)
- SEC Review and Proposed Rules (2022-2023)
- Climate Introduction
- Climate-Related Risk
- Greenhouse Gases (GHGs)
- Carbon Offsets & Renewable Energy Credits (RECs)
- Internal Carbon Prices
Learning Objectives
- Recognize how the SEC climate-related disclosures have evolved
- Identify types of climate related risks
- Recognize how to differentiate between Scope 1, 2, and 3 emissions
- Recognize qualitative and quantitative climate-related disclosures
- Identify assurance requirements and compliance dates for different types of entities
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Accounting (4 hours)
Program Prerequisites
None
Advance Preparation
None
