Climate Change

Report Says More Work Needed on Climate Risk Disclosure

October 13, 2010

Despite the attention it's getting from some investor groups and new guidance aimed at compelling more reporting, corporate climate risk disclosure still has a long way to go, according to an analysis of 100 large-cap U.S. companies' climate risk disclosures.Very few companies address all of the issues outlined in the...
 

SEC to Issue Interpretive Release on Climate Change

January 27, 2010

—by Jaclyn Jaeger. E-mail Jaclyn at jjaeger@complianceweek.com.It's official: The Securities and Exchange Commission voted 3-2 today to publish an interpretive release, providing guidance to companies on its current disclosure requirements concerning climate change.Chairman Mary Schapiro stressed that the SEC is not commenting or opining on the issue of climate change;...
 

SEC Sets Vote on Climate Change Interpretive Release

January 21, 2010

Get ready for new guidance on climate change disclosure. The Securities and Exchange Commission plans to vote next week on an interpretive release to provide guidance to companies on its current disclosure requirements.According to a Sunshine Act notice posted Jan. 20, the SEC has scheduled an Open Meeting on Jan....
 

NAIC Climate Risk Disclosures for Large Insurers

April 01, 2009

Heads up: Some large insurers now have to disclose to regulators the financial risks they face from climate change and their strategies for addressing those risks under a mandate from the National Association of Insurance Commissioners.A March 31 Goodwin Procter alert notes that the NAIC has adopted a mandatory requirement...
 

Look, Up in the Sky! Regulation!

February 24, 2009

We don’t write about corporate sustainability all that much around here because, well, nobody in Washington had been doing all that much about sustainability either. Now that may change. A recent legal bulletin from McGuire Woods notes that Lisa Jackson, the Obama Administration’s new head of the Environmental Protection Agency,...
 

Cos. Should Review Disclosure of Climate Change Risks

September 04, 2008

In light of a recent agreement that sets new precedents for disclosure of climate change risks, companies ought to review their current periodic reports and determine whether additional disclosure is warranted, warns an alert from the law firm Nixon Peabody.An Aug. 27, 2008 agreement with the New York attorney general...
 

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