I recently provided insight for a Bloomberg Law article on how publicly traded companies can prepare to disclose their climate and environmental risks ahead of impending, new Securities and Exchange Commission (SEC) rules.
While the SEC is moving quickly to formally announce these rules (as early as October 2022), I encouraged companies to prepare immediately and added that “climate risk is financial risk.”
In the article, I outlined some potential solutions for companies looking to finalize their arrangements for transparency on climate issues while protecting their bottom line. While these new, detailed disclosures may be daunting to today’s corporate leaders, I explained that planning ahead will instill good environmental, social, and governance-related practices in the future.
The full article, “Smart Prep for the SEC’s Corporate Climate Risk Disclosures Rules,” was published by Bloomberg Law on August 8 and is available online.