Supply chains may be the most under-recognized opportunity for companies to address climate change. While companies tend to focus, understandably, on energy efficiency and greenhouse gas reductions in business operations and products, supply chains often account for the majority of product greenhouse gas emissions.
PARIS, France, January 24, 2017 /3BL Media/ —As the global economy moves toward implementation of its new climate goals, the world’s largest purchasing organizations are using their buying clout to drive down emissions across their supply chains.
LONDON—Companies should publish an assessment of the losses they could suffer through climate change as part of their routine financial statements, according to a panel of financial and business executives chaired by Michael Bloomberg.
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.