Brian McLoughlin,\u00a0claims\u00a0officer, Complex Management Liability Claims, Ironshore\u00a0| Climate Change<\/p>\n\n\n\n
In a 2020 study on climate outlook in business<\/a>, 78 percent of leaders at the world\u2019s top 500 companies reported that managing climate-related risks will be critical in keeping their jobs over the next five years. They know that climate change is a vital business issue \u2014 and it\u2019s particularly urgent for companies in the U.S., where experts anticipate that mandatory climate disclosure requirements are on the horizon<\/a>.<\/p>\n\n\n\n The Securities and Exchange Commission (SEC) has considered climate change a risk area since 2010, and many companies already voluntarily disclose information. But in July 2021, Gary Gensler, chair of the SEC, spoke about his plan to submit a proposed rule for mandatory climate disclosures \u2014 and based on an outpouring of public messages, that proposal will likely pass. Mandatory disclosures should make it easier for buyers and investors to access consistent, comparable data about climate impact, and for companies to showcase their positive work. However, these new regulations can feel daunting for board members, particularly at companies with less experience in this area.<\/p>\n\n\n\n \u201cIn July 2021, Gary Gensler, chair of the Securities and Exchange Commission (SEC), spoke about his plan to submit a proposed rule for mandatory climate disclosures \u2014 and based on an outpouring of public messages, that proposal will likely pass.\u201d<\/p><\/blockquote>\n\n\n\n Click here for the rest of the article..<\/a>.<\/p>\n\n\n\n Climate Change:78 percent of leaders at the world\u2019s top 500 companies reported that managing climate-related risks will be critical in keeping their jobs over the next five years. <\/p>\n","protected":false},"author":2,"featured_media":14954,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,1,2],"tags":[15,1219,1891,1890,31,1892,1893,71,1895,1894,62],"class_list":["post-11571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-blog","category-insurance","category-shield-blog","tag-business","tag-climate-change","tag-climate-disclosures","tag-climate-outlook","tag-commercial-insurance","tag-greenwashing","tag-investor-goodwill","tag-michigan","tag-sec-investigations","tag-shareholder-lawsuits","tag-shield-insurance-agency"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t
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