• SEC Issues Guidance on Disclosure Related to Climate Change
  • March 10, 2010 | Author: Yelena M. Barychev
  • Law Firm: Blank Rome LLP - Philadelphia Office
  • On February 2, 2010, the Securities and Exchange Commission issued an interpretive release designed to provide guidance to public companies on disclosures regarding the effects of climate change on their businesses. The interpretive release does not create new disclosure requirements or amend existing requirements, but rather expresses the SEC’s views on the application of existing disclosure requirementsto climate change matters. This alert discusses the issues that the SEC suggested should be covered in the climate change disclosures as well as rules applicable to such disclosures.