In recent years, companies around the world have felt increasing pressure to disclose Environmental, Social, and Governance (ESG) data to satisfy investors and various internal and external stakeholders. Today, the trend toward mandatory reporting is accelerating—most recently reflected in the March 21, 2022 release of the U.S. Securities and Exchange Commission (SEC) proposed rule mandating reporting of certain Scope 3 emissions by non-smaller-reporting-company (SRC) registrants.
