SEC RULING ON GE PLAN MAY SHAPE FIGHT OVER CORPORATE GREEN STRATEGIES

The Securities & Exchange Commission (SEC) may influence the extent to which companies must disclose the nature of their sustainability efforts when it rules on a resolution demanding that General Electric (GE) justify its highly publicized "ecomagination" campaign to its shareholders. But GE disputes the need for SEC involvement, saying its efforts to promote energy efficient products do not constitute a climate change "policy," as the investment group contends, but is merely a "strategy" that can be excluded from the...