Bass, Berry & Sims attorney Sehrish Siddiqui provided insight on how publicly traded companies can prepare to disclose their climate and environmental risks ahead of impending, new Securities and Exchange Commission (SEC) rules. While the SEC is moving quickly to formally announce these rules (as early as October 2022), Sehrish encourages companies to prepare immediately, adding that “climate risk is financial risk.”
The article outlines some potential solutions for companies looking to finalize their arrangements for transparency on climate issues while protecting their bottom line. While these new, detailed disclosures may be daunting to today’s corporate leaders, Sehrish explains that planning ahead will instill good environmental, social, and governance-related practices in the future.
The full article, “Smart Prep for the SEC’s Corporate Climate Risk Disclosures Rules,” was published by Bloomberg Law on August 8 and is available online.