A White House climate official is scheduled to speak Monday about a new plan to disclose the financial risk associated with climate change, following work with a Group of 20 task force.
On Monday, October 31, 2016 the Global Energy Center hosted a conversation on the necessity of financial disclosures for public and private interests. In light of increasing regulation from climate change legislation, investors are demanding risk disclosures in order to make rational decisions about where to target stakeholder and taxpayer money. Mary Schapiro, Secretariat of the G-20 Task Force on Climate-Related Financial Disclosures
Companies with investments in oil, gas and coal need to do a better job disclosing the financial risk of climate change to their investors, a former chair of the Securities and Exchange Commission and an Obama administration official said Monday.
Investors are beginning to understand the importance of recognizing the potential risks posed by climate change to companies they look to put their money into, according to Mary Schapiro, former chair of the U.S. Securities and Exchange Commission and current special adviser to the Group of 20’s Task Force on Climate-Related Financial Disclosures.
The transition from fossil fuels to clean energy is so established already that it would be difficult to reverse it, an official from the White House Office of Management and Budget said Monday.
Miami, FL – Bloomberg Philanthropies and the Aspen Institute today announced the Bloomberg Aspen Initiative on Cities and Autonomous Vehicles, a new program for leading global mayors who will work together to prepare their cities for the emergence of autonomous vehicles.
If there’s any one topic that people working in sustainability can agree, it’s that their sector has an identity problem.
Acronyms abound. EHS, ESG, CSR and CR are just a few. There are professionals who feel that Social Purpose or Shared Value address both human rights and environmental issues. But just as many execs are solidly in the Sustainability camp.
On Friday Nov 4th, Responsible Sourcing Network (RSN), a project of As You Sow, will release their annual Mining the Disclosures report, an in-depth analysis of conflict minerals reporting which ranks 200+ individual companies across 25+ industries in risk mitigation, human rights impact, and reporting quality.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest leisure travel company, announced Wednesday plans to expand its Fathom brand’s Dominican Republic social impact experiences to its other cruise line brands sailing to its Amber Cove port of call.
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