Friday, January 6, 2023

Study: Only 8% of California public companies in wildfire-prone regions disclose risk to investors


A new study from the University of California, Davis titled "Threatened by wildfires: What do firms disclose in their 10-Ks?," found that only 6.1% of U.S. publicly traded firms and 7.9% of California’s 5,377 companies with headquarters in counties prone to wildfires report the level of risk to investors as required by government regulators.

Study: Only 8% of California public companies in wildfire-prone regions disclose risk to investors

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