Posted on: February 25, 2010
Fellon-McCord Assists Public Companies with New SEC Rules
Services offered help manage SEC disclosure requirements
LOUISVILLE, KY – February 25, 2010 – Fellon-McCord’s advisory services help companies comply with new Securities and Exchange Commission (SEC) rules for disclosing climate-related business risks.
On February 8, the SEC issued guidance for public companies on how to make known any material risks associated with climate change. Companies are being asked to disclose the potential financial and operational impacts of climate change regulations and legislation; chief among those are financial impacts related to the cost of energy.
Fellon-McCord can specifically assist clients with the following SEC-identified risks:
1. Domestic legislative and regulatory risk
Material effects such as added energy costs under a cap-and-trade system, added costs of renewable portfolio standards and added costs associated with EPA regulation of greenhouse gases
2. Potential impacts of international accords
The impact of international climate agreements and other climate-related activities
Fellon-McCord provides companies the ability to identify and report any material risks related to energy costs. Fellon-McCord’s proprietary data management system, dataPoint™, measures and tracks energy consumption across all company facilities, allowing for accurate and auditable compliance with these new SEC guidelines. Fellon-McCord analysts review and quantify by location any energy costs and reliability impacts related to climate change regulations and legislation. This information is communicated to clients in a format that assists with the SEC reporting requirements. Inquiries may be directed to Brian Habacivch at (502) 214-9419, or bhabacivch@fellonmccord.com.
About Fellon-McCord
Fellon-McCord is an energy consulting and management company working with clients to source the most economic and reliable energy supplies available. Fellon-McCord serves industrial, commercial, and institutional consumers across North America and globally.