climate change disclosure News

Exxon Argues Massachusetts Climate Fraud Lawsuit Punishes It for Opinion

Exxon Mobil Corp. told a judge that a fraud lawsuit filed by Massachusetts last year amounts to illegal punishment for the energy giant’s views about fossil fuels, the latest twist in their bitter clash over climate change. The suit by …

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

Too few companies specify their prospective financial hit from climate change under a voluntary global disclosure code that needs wider backing from asset managers and others to be fully effective, a global regulatory body said on Thursday. Climate change can …

Exxon Faces Trial Over Claim It Misled Investors About Climate Change Risks

Exxon Mobil Corp. on Tuesday will face trial in a lawsuit by New York’s attorney general accusing it of misleading investors about the risks of climate change regulations to its business. The trial, expected to begin before Justice Barry Ostrager …

New York AG ‘Puts Up,’ Sues Exxon Over Climate Change Disclosures

Lawyers for Exxon Mobil Corp. stood before a New York judge in August and told the state’s attorney general to “put up or shut up” after spending three years investigating the company’s public disclosures about climate change, saying authorities should …

SEC: No Action Against Exxon Over Climate Disclosures to Investors

The U.S. Securities and Exchange Commission has recommended no action against Exxon Mobil Corp. over its investor disclosures, ending a two-year probe with a victory for the company. The SEC in 2016 launched its review of Exxon’s reserves and climate-change …

More Firms Could Feel Heat from New York AG’s Climate Change Disclosure Win

The New York state attorney general’s office, which told Peabody Energy this week to give investors more details about how its sales would suffer from measures to curb global warming, is now mulling whether the tactic it used with the …

Report: Florida Officials Banned From Saying ‘Climate Change’, ‘Global Warming’

Florida’s government may have figured out a way to beat climate change: ignore it. A report by the Florida Center for Investigative Reporting (FCIR) published Sunday details the claims by employees of the Florida Department of Environmental Protection, who say …

Climate Change Regulations for Insurers Not Out of Realm of Possibility

Some sort of climate change regulation for the insurance industry could be just around the corner. Then again, it might not be. It’s a tossup in the eyes of Don Reed, a managing director in PricewaterhouseCoopers’ U.S. sustainable business solutions …