CRACKING THE CORPORATE CODE

businesses have spoken publicly about climate change has unmistakably changed. It’s become standard for companies to, at the very least, pay lip service to the problem—though of course what a business says in press releases and what executives say behind closed doors, let alone what a company actually does, can differ dramatically. One way to get insight into the hearts and minds of business leaders is to look at large firms’ 10-K filings—financial documents that public companies are required to submit annually to the Securities and Exchange Commission (SEC). While a 10-K can’t put you inside