TheCorporateCounsel.net

August 5, 2021

Climate Risk: A Personal Journey

My own perspectives on climate risk and the importance of climate risk disclosure have evolved considerably since the SEC issued its 2010 interpretive release on climate change disclosure, and I think one key contributor to that is a hobby that many do not know that I have: gardening. While it may not be something that got talked about much on the Dave & Marty Radio Show, I have had an avid interest in gardening and landscape design for many years. While we can all get some sense of how dire the climate situation is by following the news, working a garden and tending to a forest can be a real eye-opener in terms of the risks from climate change. In just a few short years, I have observed considerable changes in the ability to grow certain plants and the overall health of the forests and waterways in my area. Talk about a wake-up call. Disclosure of climate change risk by public companies is not going to reverse these trends, but it is an important step toward focusing everyone on the issues, and we can only hope that awareness will continue to drive change.

Dave Lynn