SEC Issues Corporate Climate Change Disclosure Standards
Sunday, January 31, 2010 at 10:26AM On January 27, 2010 the U.S. Securities and Exchange Commission (SEC) approved guidelines requiring companies to consider and disclose the impact that business or legal development related to climate change may have on its business. Federal securities laws and SEC regulations require companies to disclose material information or information that an investor should possess in order to decide whether to buy a company’s stock. The interpretive guidance was issued in response to investors who said companies aren’t providing enough data on the potential risks to their profits and operations from environmental protection laws and climate change risks.
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