Sunday, February 14, 2010

SEC Issues Corporate Climate Change Disclosure Standards

Sunday 31Jan2010
SEC Issues Corporate Climate Change Disclosure Standards

From the Environmental Law Blog igreenlaw:



On January 27, 2010 the U.S. Securities and Exchange Commission (SEC) approved guidelines requiring companies to consider and disclose the impact that business or legal development related to climate change may have on its business. Federal securities laws and SEC regulations require companies to disclose material information or information that an investor should possess in order to decide whether to buy a company’s stock. The interpretive guidance was issued in response to investors who said companies aren’t providing enough data on the potential risks to their profits and operations from environmental protection laws and climate change risks.

A couple weeks old for news, but it's certainly news to me! I wonder what UM-Dearborn's Students for Socially Responsible Investing (SSRI) are doing. We should at least talk more often SSRI, care to be our Valentine?

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