In September 2021, the Securities and Exchange Commission (SEC) Division of Corporation Finance (Division) provided public companies with guidance about disclosures of climate-related information that SEC expects from public companies. This guidance appears in a newly-released template with sample comments the Division may issue to companies regarding failures to make adequate climate-related disclosure. The remainder of this note provides some context to the relevant SEC-administered provisions, and summarizes the Division’s new letter.
Audit, Compliance and Risk Blog
SEC emphasizes need for clear disclosure of climate change-related impacts on public companies
Posted by Jon Elliott on Mon, Oct 25, 2021
Tags: SEC, climate change, csr, Environment
Do You Need A Corporate Social Responsibility Policy?
Posted by Allison Campbell on Thu, Dec 11, 2014
Twelve years ago, a client asked a financial advisor at a large investment firm for advice on “socially responsible investments.” The advisor said that they didn’t offer much in that field, because there was no client demand. How things have changed! Now, large investment firms as well as local credit unions and even small, family-owned businesses are all anxious to demonstrate that their business is “socially responsible,” “green,” or “gives back to the community”—all values reflected in the concept of Corporate Social Responsibility (CSR). More than feel-good slogans, these terms represent initiatives that offer concrete benefits to both a company and its stakeholders, including customers and the wider community.
Tags: Corporate Governance, Business & Legal, Environmental, csr, corporate social responsibility