Counsel at public companies have a new task: Figure out how climate change is likely to affect their businesses. That's the message from the Securities and Exchange Commission, which published new disclosure guidance Monday. "It's important for companies to understand that it's not just about disclosing the impact from emissions regulations. It goes way beyond that," said Jane Kroesche, head of the West Coast environmental transactions practice at Skadden, Arps, Slate, Meagher & Flom.
Climate Change Risk Is Now All in a Day's Work
February 11, 2010