CERES and Environmental Defense Fund pressure SEC

On January 27th, 2010, with pressure from CERES and the Environmental Defense Fund, the Securities and Exchange Commission voted to provide guidance in assisting all public companies with the climate-change disclosure requirements, as petitioned since 2007.

This new measure will help to reveal the hidden climate-risks inherent in investment of publicly traded companies in the U.S.  In 2008, 75% of annual reports from S&P500 annual reports failed to even mention climate change, so hopefully we will begin to see more climate-related asterisks next to bottom-lines in the near future.  

See the 2-page fact sheet here.