University of Colorado Boulder. Center for Energy & Environmental Security.
Author
Pub. Date
2009.
Description
Under existing SEC disclosure requirements, a public corporation is required to fully and fairly disclose facts about its operations that are "material" to a shareholder's investment decision. But despite the growing evidence of climate change's broad range of impacts, 76.3% of annual reports filed in 2008 by S&P 500 corporations failed to even mention climate change. The true test of proper climate risk disclosure will be its quality, assessed using...