News Formal

UK wants to be the first major economy to force companies to reveal climate risks

  • 📰 CNN
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 95%

United States News News

United States United States Latest News,United States United States Headlines

The United Kingdom is pushing ahead with legislation that will force more than 1,300 of its largest companies to disclose climate risks.

Announcing the move ahead of the COP26 climate talks that start in Glasgow on Sunday, the UK government said it plans to be the first major economy to require corporations to report climate-related risks and opportunities.The proposed law will apply to many of the largest traded companies on the London Stock Exchange, banks and insurers, as well as private companies with more than 500 employees and £500 million in sales.

Read MoreIn a statement on Friday, the UK government said the move"will help investors and businesses to better understand the financial impacts of their exposure to climate change, and price climate-related risks more accurately, while supporting the greening of the UK economy.

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:

 /  🏆 4. in US
 

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

Curb the Advertising industry that promotes uncontrolled consumerism instead of big companies. CREATION_06 GLOBAL_ISSUES_9 POST_06 Climate_Risk_06

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Entertainment | United for Business✈️✈️✈️ united What is this? united You guys making ads now?
Source: DEADLINE - 🏆 109. / 63 Read more »