RTKnet: Corporate Climate-Risk Disclosure

PROTECTING ACCESS TO ENVIRONMENTAL INFORMATION

Companies Not Disclosing Water Scarcity Risks (Ceres)

A new report, Murky Waters? Corporate Reporting on Water Risk, faults many large companies for not disclosing the risks they face from growing worldwide water scarcity. Many water-intensive companies are not including material water risks and performance data in their financial filings, nor local-level water data or supply chain water data.

(16 Feb 2010)

New SEC Guidance Requires Corporate Disclosure of Climate Change Risks (Investor Network on Climate Risk)

The Securities and Exchange Commission (SEC) issued new guidance for companies to disclose to investors the "material" risks they face from climate change, such as impacts to the company from new climate legislation, rising ocean levels, extreme weather, and new business opportunities, as well.

(28 Jan 2010)

Investors Call for Disclosure of Drilling Risks (Investor Environmental Health Network)

Shareholders filed resolutions with 12 natural gas companies calling for disclosure of the environmental impacts and risks to company finances caused by the controversial drilling practice known as hydraulic fracturing, as well as to disclose potential policies to reduce risks.

(27 Jan 2010)

AES to Disclose Climate Change Risk to Investors (NY Attorney General)

In a deal with NY's Attorney General, energy company AES Corp. will disclose information to investors about financial risks associated with climate change. In 2008, two other energy companies agreed to similar disclosures.

(25 Nov 2009)

Companies Asked to Disclose Water Use (Social Funds)

Recognizing that investors and businesses require information on corporate water usage in a water-constrained world, the Carbon Disclosure Project will request water information from companies using the system established by the CDP for emissions reporting.

(20 Nov 2009)

Financial Firms Need to Report GHG Emissions (World Resources Institute)

A new brief from the World Resources Institute, Accounting for Risk, makes the case for reporting by financial institutions of GHG emissions in their investment portfolios. Pressure is mounting for financial companies to disclose their investment risks, especially those from climate change.

(17 Nov 2009)

Businesses Failing to Disclose Climate Risks to Investors

New reports show businesses are failing to report risks of climate change in their financial filings.

(05 Jun 2009)