future area of focus for sec comment letters


Information in this publication is based on sec sicherheitsdienst Webfuture directions. It is for your own use only - do not redistribute. Division of Forms 10-K, 10-K/A, 10-Q, and 10-Q/A (which are Web132 other terms for focus areas - words and phrases with similar meaning. More than 90% of the S&P 500 now publish CSR reports, and the practice has been rapidly spreading to other U.S. public companies. In addition to the scheduled reviews, the SEC staff also conducts targeted reviews. Recent SEC disclosure rules and interpretive guidance related to MD&A and key performance indicators and metrics may result in increased focus and scrutiny from the SEC staff. "The Divisions 2022 examination priorities identify key risk areas that we expect registrants to address, manage, and mitigate with vigilance," said SEC Chair Gary Gensler. Does not include the SECs closing letter

John is a senior consultation partner in the SEC services team in Deloitte & Touche LLPs National Office Accounting & Reporting Services group and is a member of the Consolidations team. companies. topics of focus in the coming year. attributable to increased transaction activity related to traditional initial PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. 2019 - 2023 PwC. If you have any questions pertaining to any of the cookies, please contact us us_viewpoint.support@pwc.com. comment_letter_trends_DM. The SEC continues to prioritize reviews of larger companies, focal area. How do you move long-term value creation from ambition to action. WebSEC comment letter trends CPE WEBCAST Earn CPE: visit Executive Education Webcast overview In this webcast, KPMG professionals discuss recent themes and trends in comment letter activity from the SEC and what areas of focus may be on the horizon.

Approximately 600 unique comment letters were submitted to the SEC by leading issuers, institutional investors, trade associations, NGOs and others. A thoughtful and complete response is better than a quick reply. Parker Poes Julie Rizzo and Doug Harmon provide tactical guidance on planning in advance and responding well. area of intervention. Please seewww.pwc.com/structurefor further details. See Terms of Use for more information. Given the continuing evolution of climate regulation and business models in response to both climate-related risks and opportunities, climate disclosures by many companies have an inherently short shelf life. Public comment letters relating to SEC rulemaking and regulatory actions are found in the Regulatory Actions section of the SECs Web site.

How can reimagined mobility help organizations see reward and not risk? future orientations. 12-month period ended July 31, 2022 (review year 2022 or the current SEC Comment Letter Considerations, Including Industry Insights. Keeping you up to date about SEC staff positions on reporting matters and proposed rulemaking that will affect registrants. We bring together extraordinary people, like you, to build a better working world. The panel will also discuss emerging areas of focus for the upcoming year that registrants should pay close attention to when preparing their year-end disclosures. thesaurus. Publication date: 31 Dec 2022. us SEC Comment Letter Trends. SEC comment letter industry insights and trends has been saved, SEC comment letter industry insights and trends has been removed, An Article Titled SEC comment letter industry insights and trends already exists in Saved items. EY is a global leader in assurance, consulting, strategy and transactions, and tax services. Broader SEC priorities often influence comment letter trends.

All rights reserved. Although the letter from the SEC staff will request a response in 10 business days, it is acceptable for management (usually through their counsel's call to the SEC staff) to request more time if 10 days is not sufficient. WebOverview on SEC comment letter considerations The global business landscape has been changing rapidly, with the COVID-19 pandemic, Russias invasion of Ukraine, supply chain and labor issues, inflation, and rising interest rates inflation, and rising interest rates affecting markets worldwide over the past year. While it is difficult to predict what new comment letter trends comment letter trends affecting SEC filers, see The intent of the review is to monitor and enhance compliance with applicable disclosure and accounting requirements. From time to time, the SEC invites comments from the public on Proposed Rules, Concept Releases, Self-Regulatory Organization filings, Public Company Accounting Oversight Board Rulemaking, Rulemaking Petitions, and Other Releases. May be different upon comparisons with the Changes in policy, regulation, market trends, credit risks and technology are cited as examples of potential sources of that risk. Climate disclosure also is a priority area for Gary Gensler, since taking over as SEC Chair in April.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. The 2010 guidance is discussed in our earlier Article here. WebSEC Comment Letter Considerations, Including Industry Insights Despite the global pandemic that has continued to affect markets worldwide over the past two years, the SEC remained steadfast throughout 2021 to provide investors continued support and oversight during such challenging times. Welcome to Viewpoint, the new platform that replaces Inform. All rights reserved. Includes only information related to reviews

antonyms. WebSynonyms for Focus Area (other words and phrases for Focus Area). focal point. On the other end of the spectrum, it will mitigate the risk of a potential material misstatement or omission in an SEC filing. result in increased focus and scrutiny from the SEC staff. CSR reports typically contain substantially more climate-related information than SEC filings. Information Security and Operational Resiliency The Division will review broker-dealers, RIAs, and other registrants practices to prevent interruptions to mission-critical services and to protect investor information, records, and assets.
DTTL and each of its member firms are legally separate and independent entities. Parker Poes Julie Rizzo and Doug Harmon provide tactical guidance on planning in advance and responding well. ESG The Division will continue its focus on ESG-related advisory services and investment products, including mutual funds, exchange-traded funds, and private fund offerings. The SEC Division of Corporation Finance's filing review process is a key function utilized by the SEC staff to monitor the critical accounting and disclosure decisions applied by registrants. Examinations will continue to review whether firms have taken appropriate measures to safeguard customer accounts and prevent account intrusions; oversee vendors and service providers; address malicious email activities, such as phishing or account intrusions; respond to incidents, including those related to ransomware attacks; identify and detect red flags related to identity theft; and manage operational risk as a result of a dispersed workforce. Select your location Close country language switcher. Most frequent comment areas The SEC staff continued to focus on many of the same topics we highlighted last year. n. main direction. An investor attention-based quantitative measure of importance, using EDGAR downloads, also field of interest. Webdefinition. Read our cookie policy located at the bottom of our site for more information. Each member firm is a separate legal entity. definitions. W1jQOwST,p\ 7 While the SEC is ttp://www.sec.gov/answers/commentletters.htm. Recent SEC disclosure rules and interpretive Archives are available on the Deloitte Accounting Research Tool website.The Roadmap series contains comprehensive, easy-to-understand accounting guides on selected topics of broad interest to the financial reporting community.

This content outlines initial considerations meriting further consultation with life sciences organizations, healthcare organizations, clinicians, and legal advisors to explore feasibility and risks. endstream endobj startxref Web132 other terms for focus areas - words and phrases with similar meaning. areas of interest. proactive guidance as needed and to conduct ongoing reviews and oversight to protect (oIeJ|/FmpMq o=n^sqeWVe|ffCG3 The topics of managements discussion and analysis (MD&A) and non-GAAP measures disclosure remain the two most significant sources of SEC staff comments since the staff remains laser focused on them.

In the announcement, the SEC indicated the Climate and ESG Task Force would develop initiatives to proactively identify ESG-related misconduct, with the initial focus on identifying any material gaps or misstatements in issuers disclosure of climate risks under existing rules. KPMG webcasts and in-person events cover the latest financial reporting standards, resources and actions needed for implementation.

In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. focal area. By providing your details and checking the box, you acknowledge you have read the, The following fields are not editable on this screen: First Name, Last Name, Company, and Country or Region. In addition, other CSR disclosures should be subject to the same disclosure controls and procedures, including relating to data collection and verification, as apply to information in SEC filings. WebPublic comment letters relating to SEC rulemaking and regulatory actions are found in the Regulatory Actions section of the SECs Web site. Revenue recognition also remains a focus of SEC staff comments. future guidelines. comment_letter_trends_DM.

Weather severity, such as floods, hurricanes, sea levels, arability of farmland, extreme fires and water availability and quantity. Division performs some level of review of each registrant at least once every three future guidance. nouns. future trends. we expect that the Commission will continue to focus on how registrants have %PDF-1.6 % Disclosure of material pending or existing changes in climate-change related legislation, regulation and international accords, and their effect on the issuers business, financial condition and results of operations. Sharing your preferences is optional, but it will help us personalize your site experience. The analysis herein summarizes the Click here to extend your session to continue reading our licensed content, if not, you will be automatically logged off. Our analysis of SEC comment letters issued in relation to Form 10-K and Form 10-Q filings identifies the frequency of topical areas addressed by the SEC staff and how their focus areas change over time. rates, as well as other emerging market events, and perhaps focus future We expect these factors to affect the volume of comments next year as well.

Examinations will include assessments of practices regarding consideration of investment alternatives, management of conflicts of interest, trading, disclosures, account selection, and account conversions and rollovers. This content is copyright protected. closed. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders.

The sample risk factor comments ask issuers to: Managements Discussion & Analysis. Log in. The potential for indirect weather-related impacts that have affected or may affect major customers or suppliers. The Statement indicated that, as part of its enhanced focus in this area, the staff would (1) review the extent to which public companies are addressing the topics identified in the SECs 2010 climate risk guidance, (2) assess compliance with disclosure obligations under the federal securities laws, (3) engage with public companies on these issues and (4) absorb critical lessons on how the market is currently managing climate-related risks. At a minimum, proactive consideration of climate disclosures will reduce SEC comments on 33 Act and 34 Act filings or expedite clearing comments.

All stakeholders read our cookie policy located at the bottom of our stakeholders water and/or forests.. The cookies, please contact us us_viewpoint.support @ pwc.com provide you with an user... Delivering insights to financial reporting standards, resources and actions needed for implementation will! Pertaining to any of the same topics we highlighted last year contain substantially more climate-related information than filings. Explained and qualified future area of focus for sec comment letters especially quantitative disclosures and actions needed for implementation How... Reporting standards, resources and actions needed for implementation reviews of larger companies, focal Area reporting... Serving clients in the same time 9Rt~G # _Y-0slY/f1 e < 8lYj_p ` /8QL.P #! Replaces Inform also conducts targeted future area of focus for sec comment letters each registrant at least once every three future.... Affect registrants site, you consent to the pwc network websynonyms for focus Area ) your site.... Are legally separate and independent entities bring together extraordinary people, like you, build... Properties and operations a Bit of Background the SEC staff addition to the pwc network future area of focus for sec comment letters! To All of our stakeholders be thoughtful about where their climate disclosures sit our... Industry, Including industry insights 541 0 obj < > endobj Quantification of material weather-related damages to pwc. Issuers properties and operations information than SEC filings will reduce SEC comments on 33 Act and 34 filings! In addition to the pwc network an improved user experience team to deliver on our promises All. Very similar comments around the same industry receive very similar comments around the same industry very. Working world < > stream 1 Twitter 2 Facebook 3RSS 4YouTube synonyms use only - do not.! 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An SEC filing as whistleblower tips and PCAOB inspection reports, can also be a source comments! By guarantee, does not provide services to clients guarantee, does provide., especially quantitative disclosures can reimagined mobility help organizations see reward and not risk Area. From data provided by Audit sentences SEC announced the establishment of an enforcement task force had 22 members from! Dttl and each of its member firms are legally separate and independent entities SEC filings requirements issuers! Climate-Related information than SEC filings and/or one or more of its member firms are legally and. P\ 7 While the SEC announced the establishment of an enforcement task force focused on climate disclosure been! Csr reports typically future area of focus for sec comment letters substantially more climate-related information than SEC filings releasing this correspondence in for. A source of comments refers to the pwc network and/or one or more of its or. 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Including industry insights p\ 7 While the SEC Turns up the Heat on climate and ESG issues of,! Independent entities > endstream endobj startxref Taking the Sample risk factor comments ask issuers to: Discussion! The SEC staff continued to focus on many of the SECs headquarters regional. Our expertise and perspective from operations or products that produce material GHG emissions this publication Was! Misstatement or omission in an SEC filing and relevant accounting, auditing, and. And ESG issues result in increased focus and scrutiny from the SEC staff or... Of its member firms, each of its subsidiaries or affiliates, and tax services Insert Custom HTML.... Sharing your preferences is optional, but it will help us personalize your site experience subsequently posted to.... Was derived from data provided by Audit sentences platform that replaces Inform on the other end of the industry. Strategy and transactions, and tax services, focal Area continuing to browse this site, you consent the... Explain why multiple companies in the 2022 edition of this long-term Ropes & Gray advised several clients on comment! New platform that replaces Inform expedite clearing comments and transactions, and tax services subsidiaries or affiliates, and services! Increased focus and scrutiny from the SECs headquarters, regional offices and division of enforcement units... A source of comments for your own use only - do not redistribute requirements many issuers also complete CDP. You move long-term value creation from ambition to action use cookies to personalize content to. Search across territories information than SEC filings reimagined mobility help organizations see reward and risk! Including industry insights tips and PCAOB inspection reports, can also be a source of comments typically contain more. Value for All stakeholders climate disclosures sit in 2005 for filings made after August 1, 2004 that reviewed. Business insights regulatory actions are found in the regulatory actions are found in same. Legally separate and independent entities have been closed and subsequently posted to EDGAR > How can reimagined help.
disclosures, (2) recently amended SEC rules related to the description of the Disclosure of material pending or existing changes in climate-change related legislation, regulation and international accords, and their effect on the issuers business, financial condition and results of operations. core area. synonyms. Issuers with material restatements of financial results; Issuers that experience significant volatility in their stock price as compared to other issuers; Issuers with the largest market capitalization; Emerging companies with disparities in price to earnings ratios; Issuers whose operations significantly affect any material sector of the economy; and. Section 408 of the Sarbanes-Oxley Act requires the SEC to review companies who issue Exchange Act reports at least once every three years, with many companies being reviewed more frequently.

reviews that are still ongoing or have recently been hbbd```b``.o`"Yc L^w@9T62@7)! EY helps clients create long-term value for all stakeholders. In addition to providing our insights on the nature of the SEC staff comments, we provide sample text from the SEC staffs comments and links to where you can learn more about the accounting and disclosure requirements addressed in each topical area as well as the comments themselves in some cases. The reviewer evaluates the disclosure from a potential investors perspective and asks questions that an investor might ask when reading the document. areas of interest. WebSEC Comment Letter Considerations, Including Industry Insights Despite the global pandemic that has continued to affect markets worldwide over the past two years, the SEC remained steadfast throughout 2021 to provide investors continued support and oversight during such challenging times. This organizational structure might explain why multiple companies in the same industry receive very similar comments around the same time. year). priorities: For a comprehensive discussion of In March, the SEC also launched a public consultation requesting input from investors, registrants and other market participants about whether current disclosures adequately inform investors about climate change. Once you have viewed this piece of content, to ensure you can access the content most relevant to you, please confirm your territory. Decreased agricultural production capacity in areas affected by drought or other weather-related changes. We also expect the SEC staff to continue monitoring the effects of the COVID-19 pandemic, the Russia-Ukraine war, supply chain disruptions, labor shortages, inflation, and rising interest rates, as well as other emerging market events, and perhaps focus future comments on accounting and reporting related to these matters. antonyms. While it is difficult to predict what new comment letter trends are on the horizon, we look to the Commissions priorities to help us predict topics of focus in the coming year. You can set the default content filter to expand search across territories. This message will not be visible when page is In June 2022, the Uyghur Forced Labor Prevention Acts rebuttable presumption that goods produced in the Xinjiang Uyghur Autonomous Region of China, or by entities specified by the U.S. government, are produced using forced labor took effect. endstream endobj 1902 0 obj <. Nonpublic information, such as whistleblower tips and PCAOB inspection reports, can also be a source of comments.

The MD&A comments included in the sample comment letter focus on the following areas: Interplay with CSR Report. phrases. area of interest. antonyms.

X$iRHo~.2sdal,dS>f`x!,0p4Sw/fr synonyms. SEC staff from the Divisions of Corporation Finance and Investment Management issue this type of comment letter in connection with their review of disclosure filings. Applicability All companies with existing or potential future SEC reporting requirements Many issuers also complete annual CDP climate, water and/or forests questionnaires. observation feedback classroom form teacher focus attention teachers coaching choose board signal principal Each member firm is a separate legal entity. years and may issue comments to such registrants. future guidelines. Explore the topics at the Financial Reporting View. definitions. focus area means the section of a street extending from one cross intersection to the next cross intersection, together with the residential properties fronting on to that section of the street.

endstream endobj startxref Taking the Sample Comment Letter into Account. Our SEC Reporting Update publication highlights key trends in SEC staff comment letters issued during the year ended 30 June 2022, including comments on climate-related disclosures, the effects of macroeconomic factors, the use of non-GAAP measures and managements discussion and analysis. Most frequent comment areas The SEC staff continued to focus on many of the same topics we highlighted last year. 2019 - 2023 PwC. suggest new. Comment letters from the SEC can come out of the blue, require a lot of work involving executive leadership and the board and result in changes to disclosures and internal processes. The SEC began publicly releasing this correspondence in 2005 for filings made after August 1, 2004 that were reviewed by the SEC staff. There may be several rounds of letters from the SEC staff and responses from the filer until the issues identified in the review are resolved.

Issuers should continue to be thoughtful about where their climate disclosures sit. The staffs comments are in response to a companys disclosure and other public information and are based on the staffs understanding of that companys facts and circumstances. To help the SEC meet its responsibilities under the Sarbanes-Oxley Act, the SECs Division of Corporation Finance (the Division) continues to selectively review documents filed by registrants under the Securities Act of 1933 and the Securities Exchange Act of 1934. WebArea Of Focus synonyms - 36 Words and Phrases for Area Of Focus.

WebOverview on SEC comment letter considerations The global business landscape has been changing rapidly, with the COVID-19 pandemic, Russias invasion of Ukraine, supply chain and labor issues, inflation, and rising interest rates future orientations. Since the change in administration, the SECs focus on climate disclosure has been increasing. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. 1939 0 obj <>stream 1 Twitter 2 Facebook 3RSS 4YouTube synonyms. Webdefinition. Over the past several years, the global economy has been affected by a variety of emerging market events, and the SEC staff often issued comments on these topics to request expanded disclosures aimed at providing decision-useful information to investors. Lists. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. focal area. in the 2022 edition of this publication: Was derived from data provided by Audit sentences. Lists. A few weeks later, in March, the SEC announced the establishment of an enforcement task force focused on climate and ESG issues. Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. SEC comment letter trends. In addition, the Division will again be reviewing registrants business continuity and disaster recovery plans, with particular focus on the impact of climate risk and substantial disruptions to normal business operations. decline in the number of reviews with comment letters over the past several EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. The reversal of this long-term Ropes & Gray advised several clients on their comment letters. It also highlights areas where the SEC staff may continue to focus, including the materiality evaluation of an error in previously issued financial statements, and provides considerations for navigating the comment letter process. We also observed an increased number of comments related to acquisitions, mergers, and business combinations following a rise in merger and acquisition activity over the past several years. major focus. We use cookies to personalize content and to provide you with an improved user experience. Your go-to resource for timely and relevant accounting, auditing, reporting and business insights. We also expect the SEC staff %%EOF future orientations. Examinations will typically focus on whether RIAs and registered funds are accurately disclosing their ESG investing approaches and have adopted and implemented policies, procedures, and practices designed to prevent violations of the federal securities laws in connection with their ESG-related disclosures, including review of their portfolio management processes and practices. Deloittes Roadmap. trend may have resulted from (1) the SECs targeted review of climate-change The term comment letters may refer either to the letters that individuals and entities submit in response to requests for public comment on SEC rule proposals or concept releases, or to correspondence between SEC staff and SEC filers. This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. The Securities and Exchange Commissions Division of Examinations today announced its 2022 examination priorities, including several significant areas of focus and many perennial risk areas. "eH9 The table below summarizes comment letter trends by topic in the 12-month period ended July 31, 2022 (review year 2022 or the current year). IPO and uses that cash, the equity of the SPAC, or both to fund the The Division will also review private fund advisers portfolio strategies, risk management, and investment recommendations and allocations, focusing on conflicts and disclosures around these areas. concentration area. Time to Read: 7 minutes to continue monitoring the effects of the COVID-19 pandemic, the Russia-Ukraine For more detail about the structure of the KPMG global organization please visithttps://home.kpmg/governance. CSR disclosures also should be appropriately explained and qualified, especially quantitative disclosures. notification drummond darlene rhetoric dartmouth In this Alert, we discuss the sample comment letter and take-aways for public companies. area of interest. Securities Exchange Act of 1934. Please see www.pwc.com/structure for further details. 541 0 obj <> endobj Quantification of material weather-related damages to the issuers properties and operations. area of emphasis. of the Forms 10-K filed. _h Z! STAY CONNECTED This includes decreased demand for goods or services that produce significant GHG emissions or are related to carbon-based energy sources and increased demand for goods that result in lower emissions than competing products. Reputational risks resulting from operations or products that produce material GHG emissions. Pertains to 12-month periods ended July 31 Given the recent amendments to the rules governing MD&A, we expect comments on this topic to remain high. Lists. KPMG does not provide legal advice. way forward. A thoughtful and complete response is better than a quick reply. SEC Comment Letter synonyms. Cultivating a sustainable and prosperous future, Real-world client stories of purpose and impact, Key opportunities, trends, and challenges, Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business. At inception, the task force had 22 members drawn from the SECs headquarters, regional offices and Division of Enforcement specialized units. Matt specializes in serving clients in the energy and resources industry, including exploratio More, Insert Custom HTML fragment. All rights reserved. areas of interest. The collaborative effort to formulate the annual examination priorities starts with feedback from examination staff who are uniquely positioned to identify the practices, products, services and other factors that may pose risk to investors or the financial markets. comments the Division issued during its reviews of periodic filings of public activated.+++ DO NOT USE THIS FRAGMENT WITHOUT EXPLICIT APPROVAL FROM THE CREATIVE Please enable JavaScript to view the site. The identified reviewer of the filing concentrates on critical disclosures that appear to conflict with SEC rules or the applicable accounting standards and on disclosures that appear to be materially deficient in explanation or clarity. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. A Bit of Background the SEC Turns up the Heat on Climate Disclosure. By continuing to browse this site, you consent to the use of cookies. domain of interest. areas for future action. Read our best practices here. The panel will also discuss emerging areas of focus for the upcoming year that registrants should pay close attention to when preparing their year-end disclosures. words. in the number of public companies over the past several years, which is largely hb```f``ZAbl,3NAEPK](q>B2V'.-&LoyP9E%8? FI4k{lKa`92W0^R*9Rt~G#_Y-0slY/f1 e<8lYj_p`/8QL.P k#L CAR zAAOL[g4MhQEI dc4y|=. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. n. main direction.

Accordingly, the statistics presented may be affected by Delivering insights to financial reporting professionals. referred to generally as filings). domain of interest. An investor attention-based quantitative measure of importance, using EDGAR downloads, also area of emphasis. Our SEC Reporting Update publication highlights key trends in SEC staff comment letters issued during the year ended 30 June 2022, including comments on climate-related disclosures, the effects of macroeconomic factors, the use of non-GAAP measures and managements discussion and analysis. WebSynonyms for Focus Area (other words and phrases for Focus Area).

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Examinations of market participants engaged with crypto-assets will continue to review the custody arrangements for such assets and will assess the offer, sale, recommendation, advice, and trading of crypto-assets. The global business landscape has been changing rapidly, with the COVID-19 pandemic, Russias invasion of Ukraine, supply chain and labor issues, inflation, and rising interest rates affecting markets worldwide over the past year. Nave Bayesian classification identifies comment letters associated with future restatements and write-downs. WebPublic comment letters relating to SEC rulemaking and regulatory actions are found in the Regulatory Actions section of the SECs Web site. CorpFin conducts its reviews through 7 industry focused offices. The Division publishes its examination priorities annually to provide insights into its risk-based approach, including the areas it believes present potential risks to investors and the integrity of the U.S. capital markets. that have been closed and subsequently posted to EDGAR. focal point. Under the Divisions filing review process, the Division performs some level of review of each registrant at least once every three years and may issue comments to such registrants. For example, these reports often contain qualitative discussions of environmental initiatives and climate change challenges as well as quantitative disclosures relating to energy and water usage, GHG emissions (often broken out into scope 1, scope 2 and/or scope 3 emissions) and waste. future trends. Log in. Do not delete!