Fuel Reserve Carbon Content Information Requested
A group of former Securities and Exchange Commission regulators urged December 10 that the Financial Accounting Standards Board to require oil, gas, coal, and power companies to disclose information on the carbon content of their fuel reserves. The board will consider the request.
Climate Change Resolutions
Walden Asset Management began a new initiative January 6 introducing resolutions challenging oil and gas companies and other issuers to evaluate their climate change public policy advocacy. One set asks fossil fuel companies and energy producers to conduct a board-level review of their policy positions and lobbying activities related to energy and climate policy. The other set asks companies to review their lobbying activities, including at a federal and state level.