ASTM Drafts Climate Standards To Aid Businesses on Proposed New SEC Rule

Washington, D.C.: June 1, 2022 – In response to the SEC’s proposed major overhaul of 2010 climate disclosure rules, ASTM has developed standards aligned with the new reporting requirements. The ASTM Standards focus on five areas

1. Disclosure of Environmental Liability
2. Climate Change
3. Recognition/Derecognition of Environmental Liabilities
4. Environmental Knowledge Management
5. Estimating Monetary Cost for Liabilities

The goal in aligning ASTM standards with the new SEC requirements is to help small and medium-sized businesses understand their responsibility in the reporting process.

For more information, please contact Bill Sells, SVP Government Relations & Public Affairs, at [email protected].

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