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- 📝 Climate Accounting Mandatory
📝 Climate Accounting Mandatory
Liam Gill
March 07, 2024
News of the Day
The SEC's new regulations requiring public companies to report certain greenhouse gas emissions and their exposure to climate risks mark a significant step towards transparency in climate impact. This mandate, focusing on Scope 1 and 2 emissions, signifies a growing acknowledgment of the importance of environmental stewardship in the corporate world. Although it doesn't encompass Scope 3 emissions, the regulation opens doors for startups and companies in the carbon tracking and management industry, encouraging innovation and development in this crucial area. The mixed reactions from companies during the proposal phase highlight the challenges and complexities of such disclosures, but the move aligns the U.S. with other major economies in addressing climate change. This regulatory change underscores the increasing role of environmental considerations in investment decisions and company evaluations, potentially driving further advancements in sustainability practices across industries.
Tweet of the Day
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You absolutely do NOT need a co-founder.
I've seen so many of my friends and myself waste years of their lives because one of their co-founders:
• got jealous and wanted full control
• got lazy and dragged the morale down
• got corrupted by money
• sided with investors and… twitter.com/i/web/status/1…— Danny Postma (@dannypostmaa)
5:54 AM • Mar 6, 2024
Visa and Mastercard agree to historic $5 Billion Settlement! In a groundbreaking move for the payment industry, Visa and Mastercard have come to a historic $5 billion settlement, marking a pivotal moment for small business owners. If you are a small business owner, claim your share today!
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