ClientEarth has submitted regulatory complaints to the FRC alleging that two oil and gas companies have failed to disclose climate-related risks to investors.
ClientEarth has requested intervention by the Financial Reporting Council (FRC) in relation to what we say is inadequate disclosure in company annual reports of climate-related risks.
The complaints were made against SOCO International PLC (SOCO) and Cairn Energy PLC (Cairn), both upstream oil and gas exploration companies listed on the Main Market of the London Stock Exchange.
|Published||September 1, 2016|
|Found in||BusinessClimateClimate Governance|