SEC Climate Disclosure Rule 1502(d): Item 1502(d): impacts on business, results and financial condition, and the cost of mitigation and adaptation

What does 1502(d) require?

Discuss how the climate-related risks described under Item 1502(a) have materially impacted, or are reasonably likely to materially impact, the registrant's business, results of operations or financial condition. Describe quantitatively and qualitatively the material expenditures incurred and the material impacts on financial estimates and assumptions that, in management's assessment, directly result from the mitigation or adaptation activities disclosed under Item 1502(b)(4). The quantitative part (1502(d)(2)) has a compliance date one fiscal year later than the rest of the subpart.