The U.S. Securities and Exchange Commission (SEC) formally proposes rescinding a 2024 climate-related disclosure rule for publicly traded companies. Multiple outlets report that the rule, adopted during the prior administration, would have required certain companies to provide information about climate change risks and greenhouse gas emissions. According to coverage, the SEC’s proposal to repeal the rule is presented as part of a broader effort to unwind Biden-era climate regulations. The Hill notes the SEC issues a statement laying out its plan and describes the commission’s partisan composition at the time of the proposal, with three Republican commissioners and no Democrats. Other outlets similarly characterize the action as an SEC move to undo requirements that would have compelled firms to disclose climate risk and emissions data. The reports indicate the SEC’s action is a formal proposal, not an immediate repeal, implying additional steps in the rulemaking process. The outlets do not provide details in the excerpts on the timeline for final approval or what categories of companies would be affected if the repeal is completed.