Jenner & Block

Client Advisory: SEC Issues New Guidance Regarding Climate Change Disclosures

In this client advisory Partners Jerry J. Burgdoerfer, Gabrielle Sigel, William L. Tolbert, Elaine Wolff and Associate Lee E. Dionne discuss a January 27 SEC open meeting in which the Commission voted to issue an interpretive release (the “Release”) to provide guidance on existing climate change disclosure obligations.  The advisory covers the SEC’s stated objectives; the effect of the Release on the prevailing standard of materiality; the categories of disclosure identified in the Release; and the views of the dissenting commissioners.