Jenner & Block

"Environmental Disclosures: What Risks Lie Unseen Beneath the Surface," Bloomberg Corporate Law Journal

Summer 2008
Partner Steven M. Siros and Associate Michael R. Strong discuss the increased scrutiny companies are facing concerning the manner in which they account for and disclose environmental and climate change liabilities. According to the authors, companies would be well served to re-evaluate the adequacy of these disclosures now, rather than waiting for a request for information from an institutional investor the filing of a lawsuit or enforcement action. The article addresses some of the changing rules, regulations, and guidance in the context of environmental and climate change liabilities, and the important considerations for companies when re-evaluating the manner in which environmental and climate change liabilities are being treated.