Being underway

Confusion among companies over what is adequate in environmental disclosure, in general, sets an unfortunate stage for contemplating the newer matter of climate change-related disclosure. Companies waiting for new legislative and regulatory outcomes before contending with climate change disclosure, however, are in exposed and inadvisable delay on the matter. Existing regulations and standards pertain and instruct, if indirectly, on what is to be disclosed and accrued, and when. Their requirements, the possibility of enforcement actions, and recent evidence of costly consequences to former executives from improper environmental financial disclosure reinforce corporate management’s need for disclosure diligence, including on climate change. The future is here.

[For more information, see Raymond Rose's "Being Underway, Not in Delay, on Climate Change-Related Disclosure," Environmental Claims Journal, Corporate Environmental Disclosure Column, Vol. 20, Issue 1, Jan-Mar 2008.]