The SEC has announced it will hold an open meeting on the petition from Ceres and the Environmental Defense Fun (EDF) asking the SEC to provide interpretive guidance outlining climate-related "material risks" - such as new regulations, physical impacts, new economic and business opportunities and other climate-related trends - that companies should be disclosing to investors. The petition was signed by 20 organizations, including leading U.S. and Canadian institutional investors managing more than $1 trillion in assets.
The meeting will be held January 27, 2010.