ESG Bites 12/8 - The Most Effective Regulator You’ve Never Heard Of
blog.esghound.com
Mining For Risk Every single time I scroll through a 10-K, the annual financial statement form for public companies, I always pause at a section that rarely has anything in it. And I smile. I look through a LOT of 10-K’s. I work closely with people who do the same. Last week, I asked a few old-timers in the industry about “Item 4,” and the response was a resounding shrug. “It’s just a thing I never look at,” one told me. I spoke with a retired sell-side materials and mining analyst about Item 4; he had a different take. “There are often material dollar amounts listed in Item 4. Real liabilities. It’s a must-read,” he told me.
ESG Bites 12/8 - The Most Effective Regulator You’ve Never Heard Of
ESG Bites 12/8 - The Most Effective Regulator…
ESG Bites 12/8 - The Most Effective Regulator You’ve Never Heard Of
Mining For Risk Every single time I scroll through a 10-K, the annual financial statement form for public companies, I always pause at a section that rarely has anything in it. And I smile. I look through a LOT of 10-K’s. I work closely with people who do the same. Last week, I asked a few old-timers in the industry about “Item 4,” and the response was a resounding shrug. “It’s just a thing I never look at,” one told me. I spoke with a retired sell-side materials and mining analyst about Item 4; he had a different take. “There are often material dollar amounts listed in Item 4. Real liabilities. It’s a must-read,” he told me.