Companies Make Progress Gauging Climate Risk, but Not Enough

By: Eric Roston, Bloomberg News
Jun 7, 2019 10:05 AM ET
Article

Companies too often make the mistake of thinking climate change is a long-term issue, but it’s actually affecting decisions today, according to a report by a global commission set to evaluate transparency into financial climate risks and opportunities.

More companies are discovering and disclosing the risks they face related to climate change, but need to do so in greater numbers and provide more transparency, according to an analysis of more than 1,100 company reports by the Task Force on Climate-Related Financial Disclosures, or TCFD.

Read the full story on bloomberg.com

Read the executive summary of the TCFD status report

Sign up for Bloomberg's weekly Climate Changed newsletter for more reporting on how climate science and the future of energy reshape our world.