TRAILER: The SEC Disclosure Divide: The Cost of Compliance

Feb 21, 2025

In March 2022, the U.S. Securities and Exchange Commission (SEC) introduced a climate disclosure rule requiring publicly traded companies to report on how climate change affects their business. 

This includes their greenhouse gas emissions, potential financial risks from climate change, and how they plan to manage those risks. 

• The rule has sparked intense debate over its necessity, economic impact, and constitutionality. 

The Regulatory Transparency Project’s newest short film, The SEC Disclosure Divide: The Cost of Compliance, features insights from legal scholars, policy experts, and industry leaders, such as recently confirmed Energy Secretary, Chris Wright. 

• Is this regulation a critical step toward corporate transparency and climate accountability, or does it place an undue burden on businesses, slowing innovation and increasing compliance costs? 

As companies navigate evolving environmental regulations, this short film examines whether the SEC’s rule is a solution to climate challenges—or a costly regulatory overreach. 

 Film coming soon 

 As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.