Are You Prepared for the SEC Climate Disclosure?
The SEC Climate Disclosure was finalized March 6, 2024. It requires that US-based companies assess their climate risk and disclose carbon emissions reports. Therefore, businesses must accurately and consistently measure corporate greenhouse gas emissions, as well as disclose any strategic climate-related risks and opportunities.
The SEC Climate Disclosure: Going into Effect FYB 2025
In 2024, The U.S. Securities and Exchange Commission proposed rules aimed at enhancing and standardizing climate-related disclosures for investors. The completion and enforcement of the climate disclosure standards will be in effect fiscal year beginning (FYB) 2025.
For publicly traded companies in the U.S., new disclosures of 2025's scope 1 and 2 emissions are expected to be submitted in 2026, with scope 3 emissions being excluded from reporting requirements. Smaller companies will be phased-in the year after.
The SEC's climate disclosure guidelines are based on the framework set by the Task Force on Climate-related Financial Disclosures (TCFD), a global standard established by the Financial Stability Board (FSB). The TCFD was formed to outline the types of information companies should report to aid investors, lenders, and insurance underwriters in precisely evaluating and pricing risks associated with climate change. These recommendations encompass four primary areas: governance, strategy, risk management, and metrics and targets. ESG-focused funds and firms would be liable for disclosing more specific metrics regarding their ESG investments.
Compliance Is Easy with Net0
Centralize all business carbon emissions data
Calculate and measure all scope 1, 2, and 3 emissions using data from invoices, ERP systems, and 1000s of available integrations in an instant.
Limitless borders
Measure, reduce, and report on all upstream and downstream CO2 emissions across various locations around the globe.
All emissions categories
Your sphere of emissions data is captured in a single process—including power, waste, infrastructure, transportation, product manufacturing, and more.
Prepare and submit your SEC climate disclosure reports with confidence. Validate your data and ensure that your disclosures are thorough and accurate for submission. What is more, we offer carbon reduction options to set achievable goals and implement effective strategies to lower your emissions and address climate-related risks.
Automating "E" in "ESG"
Evaluate Emissions
Input your emissions data and sit back while Net0 measures it on a granular scale for precision and accuracy with every entry.
Simplify Reporting
Compile and review all CO2 emissions across multiple locations with SEC-compliant reports that are itemized for any category of emissions.
Disclose Data
Submit your financial-grade reports with confidence knowing your disclosure is suitable for SEC regulations and ESG investment standards.
Upgrade Your Carbon Management Process
Reasons to Choose Net0 for Carbon Accounting
World-Class Cloud-Based Software
State-of-the art interface that can be used by business users allows to save time whilst increasing calculation accuracy.
Designed for Large Businesses
An enterprise-grade solution that allows measurement within complex corporate structures, forecasting, and international reporting.
Automated Data Collection
An automation-first, AI-powered carbon accounting engine that puts managing your environmental footprint on autopilot.
