US SEC Proposed Climate Disclosure
The U.S. Securities and Exchange Commission (SEC) has proposed a regulation requiring companies to disclose all climate-related risks for investors, including all GHG emissions (Scope 1, 2, and 3). Are you ready?
What you need to know about the climate disclosure
Under the SEC, all public companies in the US will have to disclose emissions they are directly responsible for, as well as emissions from their supply chains and products, in addition to how they account for their GHG emissions, environmental risks they face, and actions they’re taking in response to their impact.
How BanQu helps you with climate disclosures
END-TO-END VISIBILITY
Thanks to our blockchain-based tech and on-the-ground implementation teams, we help companies map their supply chains, gaining end-to-end visibility even beyond their Tier 1 and Tier 2 suppliers.Â
PRIMARY EMISSIONS DATA
While we can integrate with any legacy or operating systems, as well as satellite imagery databases, the emissions data captured throughout your supply chain on BanQu is primary, verifiable, and auditable.Â
REAL-TIME CLIMATE REPORTS
Once you have all of this great, reliable data in one place, you can use BanQu to generate customizable ESG reports at the click of a button. As needed, you can easily share your reports with stakeholders and auditors.Â
Frequently Asked Questions
BanQu’s blockchain-based solutions help companies track their climate impact throughout their supply chains with primary, auditable data and reports. Making tracking and reporting on your climate disclosures a breeze.
We start by scoping out the emissions and value chains you need to track and implement the software for you on-the-ground, so you can easily collect and report on primary data and emissions as needed.
Getting a handle on your emissions and climate impact is a huge - but doable! - undertaking. Although filing requirements begin in 2024 for the 2023 fiscal year, you’ll want to start data capture sooner rather than later.