The “How“ Of Carbon Reporting In The U.S.

  • Date: 02-Jun-2021
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Gulf
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The “How“ Of Carbon Reporting In The U.S.

Share to Linkedin Keep an eye on comparability, business sense, verifiability, net zero pledges, reliance on offsets, cost to the company and whether the stock market fully appreciates such costs, risk factor discussion, stress test of a pseudo carbon cost, and contribution of non-corporate emissions smokestacks(Photo by Nikolay DOYCHINOV / AFP) (Photo by NIKOLAY DOYCHINOV/AFP via Getty Images) Engine 1's coup last week against Exxon has once again highlighted the importance of carbon reporting. Securities regulators in the U. S. appear to be committed to mandating some sort of climate risk reporting for public companies. Carbon emissions, technically known as greenhouse gas emissions (GHG), might constitute the relatively low hanging fruit for regulators to pluck in this area. I have nine questions about the implementation of mandated carbon reporting and its aftermath in the U. S. Only 20% of publicly listed U. S. companies voluntarily disclose emissions data as of now. I looked particularly at the voluntary carbon disclosures of three world class U. S. companies: Amazon, Apple and Netflix. I deliberately stayed away from emissions for polluting industries such as oil, shipping, construction, airlines and chemicals partly because the EPA has required mandatory reporting for most of these industries