Apple backs wide emissions disclosure rules from U.S. regulators – Reuters

  • Date: 14-Apr-2021
  • Source: Reuters
  • Sector:Economy
  • Country:Gulf
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Apple backs wide emissions disclosure rules from U.S. regulators – Reuters

(Reuters) -Apple Inc on Tuesday called for the U.S. Securities and Exchange Commission (SEC) to require companies to disclose far-reading emissions information such as how customers use their products, according to a tweet from Apple Vice President Lisa Jackson.The comments by the iPhone maker mark the most specific prescription to date from a large public company about what disclosures are needed, said Veena Ramani, senior program director for Ceres, a Boston-based climate advocacy group.The SEC last month said it will seek input on how companies might report on their greenhouse gas emissions and other climate factors.Investors have poured money into funds that use environmental, social and governance factors to pick stocks, but a lack of common standards has made it hard to compare issuers' operations.Jackson, a former U.S. environmental regulator, in her tweet included a statement that Apple “believes that the SEC should issue rules to require that companies disclose third-party-audited emissions information to the public, covering all scopes of emissions, direct and indirect, and the value chain.”An Apple spokeswoman confirmed the phrasing referred to so-called Scope 3 emissions like those resulting from the use of a company's products by other parties. While that can be simple for technology or