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ARTICLE · 24 FEBRUARY 2010

SEC Issues Guidance On Disclosure Related To Climate Change

Blank Rome LLP
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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.

United StatesFinance and Banking
Yelena Barychev
Yelena Barychev
Katharine Berg
Katharine Berg
Jane Storero
Jane Storero

On February 2, 2010, the Securities and Exchange Commission issued an interpretive release1 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 requirements to 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.

Topics for Climate Change Disclosures Suggested by the SEC

The interpretive release, as well as the speech of the SEC Commissioner Luis A. Aguilar2, provided some practical guidance regarding issues that may prompt climate change disclosures.

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