Burns & McDonnell
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January 20, 2023 Power

When and Why Utilities Will Be Disclosing Their Climate-Related Risks

Climate-related risks can have a substantial impact on utilities’ operations. Investors are eager to learn more about how those organizations are addressing the looming challenges. They also want to understand utilities’ contributions to climate shifts and are looking for reductions in carbon emissions. To support investors’ interests, the U.S. Securities and Exchange Commission (SEC) is expected to finalize and publish rule amendments in the first quarter of 2023 to expand and standardize disclosures of climate-related risks among publicly traded companies, including investor-owned utilities.

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