Leaving Investors in the Dark: the SEC’s Growing Silence on Guidance Related to the Business and Legal Developments on Climate Change

The physical impacts of climate change affect companies and their profitability drastically. The SEC released guidance in 2010 urging companies to disclose the risks from climate change but has not further urged companies in recent years. Instead, the SEC has shifted towards regulating other issues the current administration has prioritized, leaving investors in the dark about the financial impacts climate change has on businesses.