Carney-Backed Report Urges Companies to Disclose Climate Change Effects

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Carney-Backed Report Urges Companies to Disclose Climate Change Effects

BoE governor and media billionaire behind proposals to better inform investors and lenders
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Carney-backed report urges companies to disclose climate change effects #tcfdrecs http://bit.ly/2gGs8Vr
Friday, December 16, 2016 - 9:40am

Originally posted in the Financial Times.

A task force led by Michael Bloomberg and backed by Mark Carney has urged companies to disclose to investors the impact of climate change on their businesses.

The governor of the Bank of England and the billionaire media owner are behind a new set of recommendations designed to give investors, lenders and insurers a better idea about how climate change will affect individual businesses.

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Keywords: 10K | Sustainable Finance & Socially Responsible Investment | Asset Owners Disclosure Project | Bank of England | BlackRock | CCLA | CDP | CEOs | Carbon | China | Climate Risk