Investment Association calls for better climate risk reporting
It’s the latest warning that investors want to see companies explain the impact climate change will have on their business operations and future prospects.
Image: Alex Brylov/Shutterstock
More pressure is on the way for companies over climate risk reporting. The Investment Association (IA), a professional body for for asset managers, has sent a warning that its members want to see companies explain the impact climate change will have on their business models.
It is the latest in a string of demands that corporates need to up their game when it comes to disclosing how global warming will impact business operations and their future prospects.
The IA in a particular wants to see how companies are measuring the risks—a problematic area for many—and explanations of how they are being managed. “This will provide evidence
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
Norges Bank issues warning over shareholder proposals
Shareholder proposals should not be used for “micromanaging” boards or drawing them away from their main responsibilities, the investment manager said.
-
Key trends in corporate governance for 2020
Five leading voices in corporate governance explain their priorities—and predictions—for the year ahead.
-
‘Modest’ improvement in gender equality at board level, finds OECD
Subtle improvements have been made in gender equality at board level globally, but there are bigger gains where forced quotas are implemented, finds major new research.
