New SEC guidance on climate-related disclosures

  • SEC (US Securities and Exchange Commission) (dark gray) Image

31 Jan 2010

The US Securities and Exchange Commission has voted to provide public companies with interpretive guidance on certain existing disclosure rules that may require a company to disclose the impact that business or legal developments related to climate change may have on its business.

The relevant rules cover a company's risk factors, business description, legal proceedings, and management discussion and analysis. The SEC's interpretative guidance highlights the following areas as examples of where climate change may trigger disclosure requirements:
  • Impact of legislation and regulation
  • Impact of international accords
  • Indirect consequences of regulation or business trends
  • Physical impacts of climate change
Click for SEC Press Release (PDF 34k). Click for the SEC's Interpretive Release on Climate Change Disclosures(PDF 139k).


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