Tag: climate risk reporting
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.
UK watchdog to review companies’ climate reporting
The Financial Reporting Council will analyse how UK firms and their auditors “assess and report” the impact of climate change.
Investors believe companies are ‘falling short’ on climate reporting
The Financial Reporting Council warns that organisations must “rapidly increase transparency and improve reporting” to meet evolving investor expectations.
Mark Carney predicts more action on climate-related risk disclosures
Governor of the Bank of England warns that the global financial system needs to put climate-related risk “at the heart of decision-making”.
How corporate governance can drive a sustainable economy
The current social and environmental crisis requires radical action from businesses. Corporate governance can be a key driver in transforming the economy.
Net effects of mandatory CSR reporting ‘difficult to assess’
Academics warn that introducing mandatory corporate social responsibility (CSR) reporting rules could have “unintended consequences”.
Climate reporting: TCFD urges companies to disclose data
While recent speeches by Philip Hammond and Mark Carney—and a Greenpeace protest—have helped to focus attention on climate reporting, a status report from the Task Force on Climate-related Financial Disclosures says more needs to be done.
Are directors courting legal action by keeping quiet on climate risk?
In Australia recently, shareholders filed legal action against Commonwealth Bank—it had allegedly failed to disclose climate risk accurately. Could this be the first of many such cases? How should directors report on climate change risks in the face of an uncertain future?