News Formal

EXCLUSIVE Investors warn European companies over climate accounting

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe's largest companies, including BP and Volkswagen , that they could challenge board directors over their accounting of climate risks.

The move is the latest push by investors to pressure companies and their auditors, charging them withto adapt to the world's transition to a low-carbon economy or being clear enough about the potential impacts.

"Investors cannot understand the true value of a company without knowing the embedded climate risks," Natasha Landell-Mills, partner and head of stewardship at investment manager Sarasin & Partners, one of the signatories to the letters, said in an interview., French public pension scheme ERAFP, and BMO Global Asset Management EMEA, part of U.S. asset manager Columbia Threadneedle.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 559. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Europe has designs on making the 'fast fashion' industry more sustainableThe European Commission is proposing new rules to crack down on fast fashion — including setting standards for how durable and reusable clothes need to be and banning the destruction of unsold textiles.
Källa: KPBSnews - 🏆 240. / 63 Läs mer »