Companies slow to disclose financial costs of climate change: report

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though a global ...

REUTERS: U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though a global task force called on them to do so two years ago, Moody's Investors Service said in a report on Monday.

Those companies were a European utility and U.S. oil and gas company, the report said without giving names. Companies the credit ratings service used in its analysis have a combined US$877 billion of debt. They included Exxon Mobil Corp , Royal Dutch Shell Plc , Duke Energy Corp and Eletricite de France SA , among others.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines