SEC Addresses Disclosure of Climate Change Risks by Public Companies
Last Wednesday, the U.S. Securities and Exchange Commission (SEC) agreed for the first time that corporations are required to warn investors of climate change risks that affect their business. These risks included current and future greenhouse gas regulation and legislation, indirect consequences of regulation or business trends, and the physical impact of climate change.
Environmental leaders referred to the SEC’s announcement as, “a clarion call about the vast risks and opportunities climate change poses for US companies and the urgency for integrating them into investment decision making”.
Read the full story to learn how this important ruling could affect your company.
it is very evident that climate change is already taking effect in this decade,**