Document summary
In 2010 the US SEC and the Canadian Securities Administrators issued guidance on climate change risk disclosure. This review reveals that overall energy and mining companies expressed awareness about climate impacts and adaptation, but with little evidence of comprehensive risk assessment and management work. Furthermore a number of companies disclosed information on climate impacts and adaptation in voluntary instruments. As government, regulator and investor interest grows for climate impacts and adaptation disclosure, companies are exposed to potential criticism and legal dispute if they do not disclose information on the business impacts of climate change.