Tuesday, April 28, 2015

Climate Change Comes to Corporate Disclosure Regimes

(Pix (c) Larry Catá Backer 2015)

This from Matteo Tonello at the Conference Board:
Disclosure of climate change risk becomes more prominent in the United States

Access Sustainability Practices 2015 Dashboard

Download the Key Findings

Research conducted by The Conference Board in collaboration with Bloomberg and GRI shows that disclosure of the business risks of climate change is becoming more prominent, especially among US companies. Guidance issued a few years ago by the US Securities and Exchange Commission may be having some impact. In particular, data for 2014 show 27 percent of S&P 500 companies included discussion of the risks associated with climate change in their annual SEC filings, compared to just 5 percent the previous year. The energy sector saw the greatest increase in this practice, with 43 percent of energy companies discussing climate change risks in their annual reports, compared to only 10 percent the previous year.

Download the key findings to learn more about the current state of corporate sustainability disclosure.

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