Climate change isn't just affecting the polar bears' habitat, it's also altering the corporate habitat: More companies than ever are discussing the risks and impacts of climate change in SEC filings. Friends of the Earth's Michelle Chan, whose report detailed the trend, says it may be due to the rise of global warming-related litigation and corporate awareness of likely government action. So far, the SEC hasn't gone after companies for inadequate climate-related disclosures -- but that could change.
September 20, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Climate change isn’t just affecting the polar bears’ habitat; it’s altering the corporate habitat, too.
The proof: More companies than ever are discussing the risks and impacts of climate change — whether from litigation, from damage to plants and equipment or from the effect on rates or share prices — in their Securities and Exchange Commission filings.
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