FILE PHOTO: A security officer stands outside the Bank of England in London, Britain, March 23, 2020. REUTERS/Toby Melville
“Disclosing your plans can improve your credit rating, broaden your investor base, reduce your cost of finance, and economise on the fixed costs of meeting increasingly vocal investor requests for information,” the BoE’s executive director for markets, Andrew Hauser, told an Investment Association online event on Friday.
Standard setters needed to agree on a single, mandatory framework for companies to disclose risks from climate change, he said.
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ericgarland What will this mean for Big Oil?
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ericgarland That seems like a sensible idea.
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