"The SEC has requested more climate disclosures from dozens of companies".

https://www.wsj.com/articles/regulators-ask-dozens-of-companies-for-more-climate-disclosures-11632341672

According to the article: please explain

why does this topic matter? the answer would be relevant to the(Accounting theory / Accounting standard-setting / Financial accounting - Audit - Tax- Regulation).

think about something like this: for example :

Financial reporting!

is there an increase or decrease in regulations? for private or public companies? explain is there enforcement of standards by the SEC? how?

is there Impact on the professional service industry?

Does GAAP offer specific guidance for the treatment ..... ?

Does FASB offer specific guidance for the treatm ent ... ??

Try to Talking aboutGAAP andFASBand their action regarding this issue .