Anticipating Climate-Related Risk Disclosures

Law360, New York (February 2, 2010, 4:13 PM EST) -- On Jan. 27, 2010, the U.S. Securities and Exchange Commission voted 3–2 to provide public companies with interpretive guidance on how to apply existing SEC disclosure requirements to business or legal developments relating to climate change and climate-related risk.

The announcement responds to a petition filed by investors in 2007, which was supplemented in 2008 and 2009, calling for guidance on how publicly traded companies should disclose “material” effects from climate-related developments in their 10-Ks.

The SEC has not yet posted the actual interpretive release, but...
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