Ceres Says SEC Fails to Enforce Guidance For Corporate Disclosure on Climate Risks

摘要

The Securities and Exchange Commission isn't doing enough to enforce its requirement for corporate reporting on climate risk, according to a Ceres report. The new report said the majority of financial reporting on climate change from S&P 500 companies is too brief and largely superficial, but the SEC has "paid minimal attention to climate risk reporting in the last four years" and hasn't made climate disclosure a priority in its process for reviewing companies' reporting.