Chapter 12: Environmental Progress and Prospects

CORPORATE DISCLOSURE OF ENVIRONMENTAL RISKS (p. 1153)

The U.S. Securities and Exchange Commission (SEC) continues to resist efforts to persuade it to require corporations to disclose to investors the risks they face as a result of climate change.  In September 2007 a coalition of environmental groups, state pension funds, and other investors petitioned the SEC to issue such a rule.  Their petition is available online at: http://www.sec.gov/rules/petitions/2007/petn4-547.pdf