SEC Adds 'Climate Change' Risk to Advisory Regulations

GreenTracker| Environmental Leader reports that The SEC has ruled that publicly traded companies must warn investors about any serious risks associated with their operations, as a result of climate change. Advising of risk from ‘environmental challenges’ is existing SEC regulation, but now is the first time it has singled out climate change.

Per the NYTimes, the SEC was pressured by environmental and investor groups to make the decision. The question of legal enforceability and legal interpretation of the regulation remains a question mark.