By Jeffrey Karp, Senior Counsel and Edward Mahaffey, Law Clerk
Corporate Disclosures of Climate-Related Risks and Fulfilling Sustainability and Climate Commitments
Topics: Climate change, Corporate Sustainability
Despite the new administration’s efforts to rollback Obama Era environmental regulations, most businesses in the U.S. are maintaining their commitments to sustainability. According to Lucid’s 2017 Sustainability Outlook Report, only 5% of private companies surveyed expect to decrease their commitment to sustainability programs in 2017, while 74% expect no change and 21% expect an increase in their commitments. Growing concern about climate change have presented companies with the opportunity to lead the way by increasing their sustainability efforts. Major companies are taking the threat of climate change more seriously, and already are developing solutions to reduce their greenhouse gas (GHG) emissions.
Topics: Climate change, Trump Administration, Corporate Sustainability, Sustainability