A coalition of the world’s most powerful bankers, regulators and even executives at some heavy polluters have a message for oil and gas companies: Be more forthcoming about the risks posed by climate change.
From rising sea levels to more severe storms and more intense droughts, climate change will present serious risks to, and create major opportunities for, nearly every industry. Citizens, consumers, businesses, governments, and international organisations are all taking action.
LONDON—Companies should publish an assessment of the losses they could suffer through climate change as part of their routine financial statements, according to a panel of financial and business executives chaired by Michael Bloomberg.
Energy companies should consider telling investors how executive compensation is linked to climate change risks, according to a panel advising the Group of 20 nations.
An international alliance of over 100 MPs from 34 different countries have written to the world’s stock exchanges calling on them to factor in the financial risks of climate change.
Stephanie Leaist is a member of the Task Force on Climate-related Financial Disclosures, and managing director, Head of Sustainable Investing at Canada Pension Plan Investment Board
A global task force set up to try to prevent market shocks from the warming of the planet will ask companies to disclose how they manage risks to their business from climate change and greenhouse gas emission cuts.
2016 began - as recorded here on Forbes - noting that climate change was becoming very real in the financial world. As we head towards the end of what has been a tumultuous year, the Financial Stability Board (FSB) is clear the message needs to be reinforced, not dismissed.
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Cascale organizes and participates in a series of events, leveraging its position as a global convener of close to half the sector to bring together...