Disclosing Effects of Climate Change in Energy, Financial Companies' 10-K's BNA's Daily Environment Report. March 3, 2008.
By Tom Mounteer, Michael Lukens, & Jeff Allmon
Will the scientific and legal developments of 2007 bring about the robust climate change securities disclosures from energy and financial services companies that environmentalists encourage? The accretion of scientific evidence on the effects of greenhouse gas emissions, the emerging consensus on inevitable federal legislation, and crystallizing regional requirements provide those preparing these disclosures plenty to consider. This report provides a framework for those considerations.