article thumbnail

A Sea Change in SEC Climate Change Disclosure

Green Building Law Update

While there is much speculation about what the federal government will mandate the coming days about ESG disclosures, little attention has been paid to existing Securities and Exchange Commission required climate change disclosures and the sea change that has taken place in those disclosures. You can register to attend in person or online.

Legal 156
article thumbnail

SEC to Update Required Climate Related Disclosures

Green Building Law Update

Securities and Exchange Commission Allison Herren Lee, offered insight into the future direction of mandatory climate change disclosures and new ESG regulation, when she directed the Division of Corporation Finance to enhance its focus on climate related disclosure in public company filings. On February 24, acting chair of the U.S.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SEC Assessment of Climate Change Risks Still Mandated

Green Building Law Update

While I was on the Baltoro glacier making my way down from K2 in Pakistan earlier this month the Securities and Exchange Commission informed Exxon Mobil Corp. Guidance was published in 2010 by the SEC to provide interpretation for companies on how existing disclosure requirements apply to climate change related matters.

Risk 120
article thumbnail

SEC Alters Environmental Disclosure Requirements for First Time in 30 Years But

Green Building Law Update

In 2010, the SEC issued guidance stating that issuers should include a discussion of climate risk in items 101 and 103, two of the provisions that were amend, to the extent it is material. While this topic may appear dense, what was done here, including what was not done, is actually fairly straight forward.

article thumbnail

You Should Comment on the SEC’s Transformative Proposed ESG Rule

Green Building Law Update

Securities and Exchange Commission issued a long awaited proposed new ESG rule to mandate climate risk disclosures by public companies and other businesses in their supply chains. As noted in the proposal itself, the regulation builds on the SEC’s previous rules and guidance on climate related disclosures, which date back to the 1970s.

article thumbnail

Climate Change Disclosures by Public Companies

Green Building Law Update

In recent weeks this law firm has received more inquiries than at any time in recent years about the Securities and Exchange Commission’s disclosure requirements for public companies as they apply to climate change matters. notes in an annual report) will largely track the disclosure requirements of Regulation S-K and Regulation S-X.

article thumbnail

Climate Change Disclosures by Public Companies

Green Building Law Update

In recent weeks this law firm has received more inquiries than at any time in recent years about the Securities and Exchange Commission’s disclosure requirements for public companies as they apply to climate change matters. notes in an annual report) will largely track the disclosure requirements of Regulation S-K and Regulation S-X.