British companies, pension funds may have to report climate risks

LONDON - British public companies and pension funds may have to publish by 2022 what risks their businesses face from climate change under a new so-called green finance strategy.

The government paper builds on disclosure on climate risks set out by the G20 Task Force on Climate-related Financial Disclosures. “This includes setting expectations for publicly listed companies and large asset owners to disclose by 2022 how climate change risk impacts their activities.” Many investors have called on companies to provide better communication on how climate change could impact their businesses, amid concerns that assets are being mispriced because the full scale of the risk is not being factored in.

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منبع: Forbes - 🏆 394. / 53 ادامه مطلب »