From Environmental Leader, Published 11 February 2014
The US Securities and Exchange Commission (SEC) has not adequately addressed the climate disclosure deficiencies of publicly traded corporations, according to a report, Cool Response: The SEC and Climate Change Reporting.
The report is based on a survey of more than 40,000 SEC comment letters sent to companies in the last four years and an analysis of the state of S&P 500 company reporting on climate disclosure through the end of 2013.
Over 100 institutional investors around the world representing $7.6 trillion in assets formally supported the guidance on climate risk in 2010.
The report suggests the SEC:
Subscribe to our blog Latest post: Fine-tuning the Thermostat Saved 25% in Heating Costs
DOWNLOAD THE LATEST WHITEPAPER Effectiveness of Local Agency Sustainability Plans
Subscribe to Greenwatch Newsletter Check out the latest issues
READ OUR LATEST CASE STUDY Assisting City of Dublin with CEQA Review for Major Kaiser Permanente Medical Facility