Climate Disclosures - A Deep Dive Into the SEC’s Proposed New Financial Statement Disclosures 2022 | PLI Practising Law Institute | 18 May 2022 | Regus - New York, New York City - Americas Tower, 1177 6th Ave Tower, 5th Floor, New York, NY 10036, USA
Venue
Regus - New York, New York City - Americas Tower
Regus - New York, New York City - Americas Tower, 1177 6th Ave Tower, 5th Floor, New York, NY 10036, USA
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| Event Date | Wed May 18 EDT (over 2 years ago) |
| Location |
Regus - New York, New York City - Americas Tower
1177 6th Ave Tower, 5th Floor, New York, NY 10036, USA |
| Region | Americas |
Details
This Briefing focuses on the proposed new financial statement disclosures for climate-related matters. Discussion will include materiality considerations, line-item requirements, and severe weather event disclosures. Companies should begin planning now for more extensive and complex disclosure requirements likely to be enacted from this proposal. Please join Gary M. Brown of Nelson Mullins Riley & Scarborough LLP and SEC Institute Directors Bob J. Laux and George M. Wilson as they discuss the proposed disclosure requirements and what to do now to plan for the new disclosures.
In this Briefing faculty will:
• Discuss the rationale for the changes presented in the SEC’s proposed rule – 3 minutes
• Review historical period considerations – 5 minutes
• Outline materiality considerations – 10 minutes
• Proposed disclosure thresholds of 1%
• Explain proposed disclosures for financial impact of severe weather events and natural conditions – 10 minutes
• Examples, including change in revenues or costs, impairments, etc.
• Describe proposed disclosures for financial impact of transition activities – 5 minutes
• Discuss proposed disclosures for expenditures to mitigate risks of severe weather and other natural conditions and transition activities – 5 minutes
• Review disclosure of impact of weather events and transition activities on estimates and assumptions – 5 minutes
• Describe disclosure of impact of climate-related risks on financial metrics – 5 minutes
• Climate-related opportunities
• Define phase-in requirements – 2 minutes
• Enumerate action steps for companies to consider – 10 minutes
Speakers
2022 Speakers
Gary M. Brown
Nelson Mullins Riley & Scarborough LLP, Partner
Bob Laux
SEC Institute, a Division of PLI Associate Director
George M. Wilson
SEC Institute, a Division of PLI