13
Feb
2018
Climate disclosure looks hard, but companies have done something like it before.
Categories: Climate Change, Financial Services, Taking & Managing Risk
This is the time of year when corporate directors sweat. They are anxiously finalizing the annual report and proxy materials that will present the company’s financial results and risks for all to see.
This year directors have an added challenge: meeting investor expectations to disclose material climate-related risks.
The pressure from investors is real. Blackrock, one of the world’s largest asset managers, sent letters to 120 companies urging them to disclose material financial risks related to climate change and is making climate-risk disclosur...
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