Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Tuesday, September 18, 2007

Groups Petition SEC to Require Climate Change Disclosure

A group of state officials, state pension fund managers and environmental groups are petitioning the SEC to require meaningful disclosure on the impact of climate change on business.  A January report by Ceres, a group that promotes environmental standards, and the Calvert Group, an asset management firm, said that more than one-half of S&P 500 firms do a "poor job" of disclosing climate change risk.  WPost, SEC Pressed to Require Climate-Risk Disclosures; NYTimes, Effort to Get Companies to Disclose Climate Risk; WSJ, SEC Pressed on Climate-Change Disclosures.

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