Informing Investors of Climate Risk: The Impact of Securities Laws in the Environmental Context
By Dialogue Moderated Thomas Mounteer
Investors, regulators, and shareholders have shown increasing interest in the information that corporations do and do not disclose about potential climate risks. Legal requirements in this area are complex, governed by an amalgam of securities laws dating back to the 1920s, state anti-fraud statutes, and more recent guidance and voluntary practices specific to climate risk. On March 17, 2016, the Energy Bar Association’s Environmental Regulation Committee convened a panel of expert practitioners to discuss these issues. This Dialogue presents a transcript of the discussion, which has been edited for style, clarity, and space considerations.