At least 2 money managers affiliated with life insurers say public companies should warn investors about any significant effects that climate change triggered by air pollution might have on their condition.
David O’Connor, general counsel for Delaware Investments, a unit of Lincoln National Corp., Philadelphia, has written to the U.S. Securities and Exchange Commission in support of a request by pension fund managers, money managers and others who want the SEC to issue guidance on climate risk disclosure requirements.
Bennett Freeman, a senior vice president at Calvert Asset Management Company Inc., also has written to the SEC to support the climate risk disclosure guidance petition.
Calvert is a unit of UNIFI Mutual Holding Company, Lincoln, Neb., the parent of Ameritas Life, Union Central Life and several other life insurers.