The Floods Are Coming. What More Will Investors Be Told?
By Tom Mounteer
For over a decade, public companies’ disclosures about the effect of global warming on their businesses have been under scrutiny. Companies have made statements about the effect in periodic SEC filings and in their corporate social responsibility reports. Activists have pored over those statements, urged corporate boards to require greater transparency, and sued companies they thought dissembled. As a result of this scrutiny, public companies’ disclosures have evolved.
This article was originally published in Bloomberg Law