Lifting the Veil: Pressures Mount for Climate Change Disclosures

Richard O. Faulk

The Electricity Journal, 2009, vol. 22, issue 6, 59-67

Abstract: Measures from Sarbanes-Oxley to climate change legislation will pervasively transform the manner in which American businesses relate to shareholders and consumers. Capping a month of extraordinary changes, the National Association of Insurance Commissioners adopted a rule that mandates broad disclosures by insurance companies regarding the impact of climate change on their financial stability - thereby enlisting the insurance industry as a "partner" in the enforcement of global and national climate change policies.

Date: 2009
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