Companies Might Have to Disclose Their Carbon-Related Risks – WSJ

As more of the world’s biggest economies move toward pricing carbon, pressure is growing to require companies to make public what their carbon footprints could actually cost them—and their investors.

Market regulators and economic officials in the U.S. and abroad are busy discussing possible new rules for reporting climate-related risks that companies face. As environmental and energy policies continue to evolve, new costs for business could include taxes on carbon emissions and expanded use of so-called carbon markets, in which emissions allowances are traded.

Many government officials, meanwhile, are concerned not just about the threat of such costs for individual companies, but the threat for entire financial systems.Among the most closely watched developments: a broad effort under way by the U.S. Securities and Exchange Commission to re-examine its disclosure rules for public companies, including whether to require mandatory disclosure of risks related to climate change.

Source: Companies Might Have to Disclose Their Carbon-Related Risks – WSJ

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s