This report focuses on facilities run by the top five U.S. refining companies, assessing both the extent of their climate risk and the companies’ failure to address that risk and publicly disclose it to their investors.

Flooding during high tides is now common in some places and is projected to grow to the point that sections of coastal cities may flood so often they would become unusable in the near future, according to a report the Union of Concerned Scientists (UCS) released, “Encroaching Tides: How Sea Level Rise and Tidal Flooding Threaten U.S.