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The dispute over SEC requirements continues among regulators, companies, and interest groups
In 2022, the Owner-Operator Independent Drivers Association (OOIDA) expressed concern to the Securities and Exchange Commission (SEC), requesting flexibility in climate information disclosure by truckers.
Recently, the SEC withdrew its proposal for Scope 3 requirements, which would have required companies to track the impact of greenhouse gas emissions throughout the supply chain. However, companies still must report on Scope 1 and 2 emissions.
The U.S. Environmental Protection Agency classifies emissions into three scopes based on their source and control. Scope 1 refers to direct emissions from sources that are under the control or ownership of an entity or organization. On the other hand, Scope 2 encompasses indirect emissions associated with the acquisition of services such as electricity, steam, heat, or cooling. Lastly, Scope 3 includes emissions resulting from activities associated with assets not owned by the reporting organization or under its direct control but are indirectly influenced throughout its value chain.
OOIDA concerns and Attorney General legal actions
OOIDA’s 2022 letter reflected concerns about how the Scope 3 requirement could affect truckers. Recently, attorneys general from 10 states filed a petition for review regarding the SEC’s adoption of climate information.
In the 11th Circuit Court of Appeals, states seek to demonstrate that the SEC exceeds its statutory authority and request the annulment of its action, arguing it is arbitrary and capricious.
Despite the withdrawal of the Scope 3 proposal, the SEC now requires registered companies to disclose information on material climate risks in their operations and audited financial statements. The U.S. Chamber of Commerce is reviewing the rule and its legal grounds, warning of potential litigation to avoid what they see as government overreach and preserve a competitive market system.
In summary, the dispute over climate information disclosure continues among regulators, companies, and interest groups, with significant implications for truckers and other market actors.
Trucks or War Machines? The Mystery of Spiked Wheels on American Highways
They look like something straight out of an action movie, yet they can be spotted on highways across the United States. The striking chrome spikes protruding from some truck wheels spark curiosity, controversy, and one important question: Are they actually dangerous, or just another expression of trucker culture?
Nevada’s Extraterrestrial Highway and Other Desert Mysteries
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Do You Know How Much Money Your Truck Has Lost Sitting Idle in 2026?
Hours spent waiting at warehouses and distribution centers continue to cost American truck drivers time and money. Federal research has estimated more than $1 billion in annual lost driver income, while the FMCSA explores new ways to address detention time and its impact on road safety.
The Incredible Story of a Grave in the Middle of an Indiana Road
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Autonomous Trucks: Who Places the Warning Triangles When There’s No Driver?
A federal exemption allows warning triangles to be replaced with cab-mounted beacons on certain autonomous trucks. The decision addresses how to warn approaching traffic when no one can step out of the cab.
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