Companies must disclose risks of climate change regulations

“U.S. securities regulators on Wednesday nudged companies toward disclosing in their annual reports their risks from climate change [and government climate change regulations] …

In a 3-2 vote, a divided SEC heeded investors’ calls and suggested that companies have a responsibility to discuss the effects of the environment and pending rules on their business.

“Climate change and related governmental action can create risks and opportunities for companies,” said SEC Commissioner Luis Aguilar.   …

The agency told companies they should consider whether existing or pending laws, rules and international treaties will have a material impact on their business.”  “SEC Adds Climate Risk to Disclosure List


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