| Corporate Disclosure for Climate Mandate | 3 February 10 |
 The United States Securities Exchange Commission (SEC) voted January 27, 2010 to provide "public companies with interpretive guidance on existing SEC disclosure requirements as they apply to business or legal developments relating to issues of climate change."The SEC as a regulatory body requires public US companies to disclose information for investors, especially on topics that are of interest to the business and investment communities. The goal of this new disclosure requirement will be to guide companies to disclose the "impact that business or legal developments related to climate change may have on its business". This disclosure interpretive release comes following pressure from government, investors and environmental organizations for the SEC to clarify and strengthen requirements for reliable information about the impacts of climate change on public companies. The SEC guidance will focus on four areas:
View February 2, 2010 Drinker Biddle press release View February 2, 2010 Mondaq: Environment and Energy press release View January 28, 2010 The New Carbon Cycle article View Comments from The Carbon Disclosure Project View January 27, 2010 The New York Times article Sources: Drinker Biddle and Leath LLP, Securities Exchange Commission |
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