Acting Securities and Exchange Commission Chair Allison Herren Lee issued a statement Feb. 24 directing the Division of Corporation Finance to “enhance its focus on climate-related disclosure in public company filings.” While it’s not clear how far or how fast Lee’s changes to the SEC’s 2010 interpretative guidance to public companies regarding existing SEC disclosure requirements as they apply to climate change matters will go, companies should remain vigilant for changes to their disclosure requirements and prepare for further scrutiny.

Texas Lawyer spoke recently about the likelihood of increased complexities and costs associated with changes to the SEC’s 2010 interpretive guidance with Cynthia M. Mabry, a partner in the corporate practice at Akin Gump Strauss Hauer & Feld and co-leader of its climate change practice; and Stacey H. Mitchell, a partner in the environment and natural resources practice at Akin Gump and co-leader of its ESG and climate change practices.

What’s going on with the SEC and why is it interested in climate change?

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]