Find this article:
https://www.wsj.com/articles/sec-weighs-making-companies-liable-for-climate-disclosures-11627495862?st=q22a3f0bhwjc15b&reflink=desktopwebshare_permalink
SEC Weighs Making Companies Liable for Climate Disclosures
Answer the following questions:
Define the term “ESG reporting.” Cite your source for this information.
What are the problems with current disclosures about climate change by Securities and Exchange Commission (SEC) registrants?
Are you surprised that the SEC might require companies to make disclosures about risks associated with climate change? Explain your answer.
Why does the location of climate change disclosures in reports filed with the SEC matter to certain groups?
Read this article:
https://www.cfo.com/regulation/2021/08/materiality-question-dogs-secs-esg-disclosure-project/?utm_term
Answer the following questions:
What is materiality according to GAAP?
What does the author think is the problem with ESG and materiality? What is your opinion?
Sample Solution
