Tag: climate risk
TCFD summit confirms climate risk should be your board’s priority
The Task Force on Climate-related Financial Disclosure (TCFD) has set a pathway for climate risk to become an integral part of corporate governance.
Sustainability, creating value & the role of the board
Businesses everywhere are developing sustainability policies. Implementation is never easy, but the right guidance can show the way.
Ten most common mistakes boards make about risk management
From failing to place risk at the centre of business, to getting communication wrong, here are ten ways boards can avoid risk management mistakes.
Why serious investors demand more than just climate disclosure
Investors serious about climate change cannot settle for disclosure; their attention must now be on action, writes Sophia McNab of investment charity ShareAction.
BlackRock to target diversity and climate change reporting in 2018
Fund manager BlackRock says it will look to ensure boardrooms are diverse and that companies are revealing their exposure to climate risk.
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?
Investment consultants warned of climate change risks
Pressure group ClientEarth warns investment consultants that they could be running legal risks if they fail to properly integrate climate change risk into their advice.
Every board has a role in the transition to a low-carbon economy
Climate change has placed a premium on moving to sustainable business models and a low-carbon economy. The task will need “positivity of purpose“ and “informed assessment“ of climate risks, writes Tom Delay of the Carbon Trust.
Climate risk a key issue for 2017, says BlackRock
BlackRock, the world’s largest investor, says climate-related risks will be at the top of its engagement agenda this year.
Feel the heat: climate change reporting
Campaign group ClientEarth has made formal complaints against two energy companies, claiming they failed to properly address climate risk in their annual reports. David Cooke, a lawyer with ClientEarth, explains why.