CAQ S&P 500 10-K analysis
Oct 27, 2022
In October 2022, the Center for Audit Quality (CAQ) released an analysis of S&P 500 companies' 10-Ks to understand their SEC filing disclosures regarding climate-related information, greenhouse gas emissions, and net-zero and carbon neutral commitments.
The CAQ looked at the most recent SEC Form 10-K for S&P 500 companies as of June 2022.
They analyzed 10-Ks from S&P 500 companies to understand what companies disclosed in their SEC filing about:
- Climate-related information (e.g., mention of climate change)
- Greenhouse gas emissions (Scope 1, 2, and 3)
- Net-zero and carbon neutral commitment
This analysis was solely focused on information disclosed in an S&P 500 company’s SEC Form 10-K, and does not contemplate climate-related information communicated by companies in information outside of their SEC Form 10-K.
CAQ observed that the majority of S&P 500 companies mention climate-related information in their 10-K.
- The number of S&P 500 companies mentioning climate-related information in their 10-K increased roughly 18% from a similar analysis of 2020 10-Ks.
- There were a little over 40 S&P 500 companies that did not mention climate-related information at all in their 10-K.
Review the analysis on the CAQ's website.