
In "Climate Risk Disclosure in SEC Filings," Ceres, the Environmental Defense Fund and the Center for Energy and Environmental Security analyze recent filings from some of the world's largest industries, and shows that, while the energy industries are disclosing climate change risks to a greater extent than other sectors, the detail and depth of those disclosures are far from sufficient to help investors make wise choices.
Meanwhile, the report finds, many companies in the insurance and transportation sectors offered no disclosure at all on their climate-related risks or opportunities.
As a result of these reports' findings, the groups are calling on the SEC to offer detailed guidance for the ways that companies should include climate-related disclosures in their securities filings.