Carney-Backed Report Urges Companies to Disclose Climate Change Effects
BoE governor and media billionaire behind proposals to better inform investors and lenders
Dec 16, 2016 9:40 AM ET
Originally posted in the Financial Times.
A task force led by Michael Bloomberg and backed by Mark Carney has urged companies to disclose to investors the impact of climate change on their businesses.
The governor of the Bank of England and the billionaire media owner are behind a new set of recommendations designed to give investors, lenders and insurers a better idea about how climate change will affect individual businesses.
