WASHINGTON DC – The American Apparel & Footwear Association (AAFA) is urging the US Securities and Exchange Commission (SEC) to give companies more time to meet new rules on disclosing climate change risks to investors.
AAFA, which represents more than 1,000 brands and retailers, says it welcomes the SEC’s move to require companies to measure and report emission reduction targets across Scopes 1, 2, and in some cases, 3 – their global supply chains.
However, it urged the US government agency to give companies an extra one to three years before having to report their Scope 1 and 2 emissions, and another 18 months on top of that, for Scope 3 emissions.
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Why China’s new wastewater standard is only one part of a broader shift spanning environmental law
As Brussels switches on its product passport registry, fashion’s supply chain data gaps threaten a bumpy rollout
As green claims face closer regulatory scrutiny liability no longer sits solely with the brands
News
Preview of our Textile Standards & Legislation Guide
China’s strengthened rules make officials personally accountable for serious environmental damage
New process to strip reactive dyes from cotton could benefit textile-to-textile recycling
Opinion
European factory closures show costs, geography and demand decide which materials survive
Other publications from MCL News & Media
