Md. Treasurer Kopp discusses SEC guidance on corporate climate disclosure
In late January, the Securities and Exchange Commission voted 3-2 to issue interpretive guidance saying companies should explain the impacts of climate change and climate regulation on their financial disclosure forms. Since the ruling, a debate has erupted over whether the SEC is trying to promote the Obama administration's climate agenda through its regulation. During today's OnPoint, Maryland State Treasurer Nancy Kopp explains why she believes information about climate-related risks is so critical for investors. She also gives her take on proposed legislation that seeks to nullify the SEC interpretive guidance.