New SEC rule would require companies to disclose climate change risks


New SEC rule would require companies to disclose climate change risks

  • A rule proposed by the Securities and Exchange Commission would require US companies to disclose the risks they face due to climate change.
  • The rule would allow investors to judge how prepared a company is for the future costs of a warming planet.
  • The financial risks posed by climate change are real and costly. Last year, weather and fire disasters in the United States caused more than $145 billion in damage.

Would you invest in a winery whose vineyards might not be able to produce grapes in a decade? Take a job in a factory that could be underwater in 15 years? Buy hamburgers from a company that burns the Brazilian savannah to grow soybeans to feed livestock?

Groundbreaking federal regulations set to be unveiled on Monday could change the way Americans — and American businesses — think about climate change. The Securities and Exchange Commission will meet to discuss whether public companies should disclose the risks they face due to global warming.

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