More Firms Need to Disclose Potential Financial Hit from Climate Change: Regulator

By | October 29, 2020

  • October 30, 2020 at 4:07 pm
    robert repetto says:
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    Disclosure of the financial impact of climate change is required under current securities law and the SEC issued a release to that effect more than ten years ago. However, until now, the SEC has been lax in enforcing that requirement, taking almost no enforcement actions. Until that changes, corporations will continue to skirt their obligation, taking refuge in vague statements or protestations of insurmountable uncertainties.

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