The SEC's New Climate Rules Are Here, and DFIN Can Help

Rhea-AI Summary

Donnelley Financial Solutions (DFIN) partners with ESG industry leaders to offer an end-to-end ESG data management and reporting solution, ensuring compliance with the SEC's new climate-related disclosure mandate. DFIN's ActiveDisclosure platform enables companies to report financial-grade ESG data to stakeholders efficiently. The company's expertise, software solutions, and strategic partnerships position it as a leader in supporting compliance efforts.

Financial Analyst

The introduction of the SEC's new climate-related disclosure mandate represents a significant shift in regulatory compliance for public companies. The mandate's focus on material climate-related risks necessitates a robust framework for data management and reporting, which has direct implications for corporate financial planning and investor relations. DFIN's ActiveDisclosure platform addresses this need by providing an integrated solution that streamlines the process of gathering and reporting ESG data, potentially saving companies time and resources.

From a financial perspective, the ability to efficiently manage and report ESG data can lead to cost savings through reduced compliance-related expenses. Moreover, transparent ESG reporting can enhance a company's reputation among investors, potentially leading to a more favorable view in the market. This could be reflected in the company's stock performance as investors increasingly factor ESG criteria into their investment decisions.

ESG Compliance Expert

DFIN's collaboration with ESG industry leaders to deliver a comprehensive data management and reporting solution is particularly relevant given the growing emphasis on sustainability and corporate responsibility. By aligning with established standards such as SASB, GRI, TCFD, CDP and WEF, DFIN ensures that its clients are well-positioned to meet the SEC's requirements and investor expectations.

Furthermore, the ability to create audit-ready reports that can be filed directly with the SEC is a critical feature that underscores the importance of accuracy and reliability in ESG reporting. This capability not only aids in regulatory compliance but also supports the credibility of the disclosures, which is paramount for stakeholders who are increasingly scrutinizing companies' ESG practices.

Market Research Analyst

In light of the SEC's new regulations, there is a clear market demand for solutions like ActiveDisclosure. As companies navigate the complexities of ESG reporting, the demand for such platforms is expected to grow. DFIN's early positioning in this space could provide a competitive advantage, as they are already equipped to assist clients with the upcoming changes.

Given the phased-in compliance period, starting with large-accelerated filers, DFIN's services will likely see increased utilization as the deadline approaches. This adoption could have positive implications for DFIN's market share and revenue growth, particularly if their solution is seen as both user-friendly and cost-effective compared to competitors.

ActiveDisclosure Enables Collaboration; Delivers Audit-Ready Reports

CHICAGO, March 7, 2024 /PRNewswire/ -- Donnelley Financial Solutions (NYSE: DFIN), a leading risk and compliance company, makes complying with the U.S. Securities and Exchange Commission's (SEC) new climate-related disclosure mandate easy and cost-effective.

The company partners with ESG industry leaders to deliver a true end-to-end ESG data management and reporting solution.

"The SEC's announcement ends the years-long speculation of what will be required of companies when reporting corporate climate impact. DFIN is already helping our clients manage and report financial-grade ESG data to various stakeholders with ActiveDisclosure," said President of Global Capital Markets at DFIN, Craig Clay. "DFIN is uniquely qualified to support companies on their path to compliance with our years of compliance leadership, advanced software solutions, and strategic partnerships with ESG industry leaders."

The SEC's new rules require public companies to disclose certain climate-related information. This includes climate-related risks likely to have a material impact on the company's business, operations or financial condition, and the governance and ongoing strategies in place to address and mitigate these risks. There is a phased-in compliance period, with large-accelerated filers required to begin filing Reg S-K and Reg S-X in their fiscal years beginning in 2025.

DFIN is a trusted resource for ESG (Environmental, Social, and Governance) reporting. The company partners with ESG industry leaders to deliver a true end-to-end ESG data management and reporting solution. The purpose-built solution helps companies stay ahead of regulatory changes, streamline ESG processes, and efficiently deliver the transparent and trustworthy information their clients and investors demand, all while being affordable and easy to use.

DFIN clients can easily pull disparate ESG data from across their organizations and map it against a variety of standards, including those set by the Sustainability Accounting Standards Board (SASB), Global Reporting Initiative (GRI), Task Force on Climate-Related Financial Disclosures (TCFD), Carbon Disclosure Project (CDP), and the World Economic Forum (WEF). Clients collaborate within ActiveDisclosure to create audit-ready reports that can be filed directly to the SEC.  

To read more about DFIN's solutions that are helping businesses now, please visit DFINsolutions.com.

About DFIN
DFIN is a leading global provider of innovative software and technology-enabled financial regulatory and compliance solutions. We provide domain expertise, enterprise software, and data analytics for every stage of our customers' business and investment lifecycles. Markets fluctuate, regulations evolve, technology advances, and through it all, DFIN delivers confidence with the right solutions in moments that matter. Learn about DFIN's end-to-end risk and compliance solutions online at DFINsolutions.com, or you can also follow us on X (formerly Twitter) @DFINSolutions or LinkedIn.

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SOURCE Donnelley Financial LLC

What does Donnelley Financial Solutions (DFIN) offer in collaboration with ESG industry leaders?

DFIN partners with ESG industry leaders to provide an end-to-end ESG data management and reporting solution.

How does DFIN help companies comply with the SEC's new climate-related disclosure mandate?

DFIN's ActiveDisclosure platform enables companies to manage and report financial-grade ESG data efficiently to meet the SEC's requirements.

Which organizations' standards does DFIN's solution align with for ESG reporting?

DFIN's solution aligns with standards set by SASB, GRI, TCFD, CDP, and WEF for ESG reporting.

What is the phased-in compliance period for public companies under the SEC's new rules?

Large-accelerated filers are required to begin filing Reg S-K and Reg S-X in their fiscal years starting in 2025.