Globalism’s associated and accelerating complexity of interconnected crises from migration to terrorism, from pandemics to climate change, define the new context of our 21st-century reality. Unmanaged technological change and an outdated economic ideology compound the already unfair burden these crises impose on global citizens. One need only consider the 18 percent approval rating of the United States Congress, the recent U.S.
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.
This really is a genius design concept from editor Ellen Pollock and creative director Rob Vargas. On the cover of Bloomberg Businessweek’s fourth annual “The Year Ahead” issue, out today in the U.S. and internationally Friday, is the familiar sight of a New York City newsstand.
By Angus McCrone Chief Editor Bloomberg New Energy Finance
The last time U.S. interest rates were on a sustained upward trend was just over 10 years ago, in summer 2006. George W Bush was president, ‘Hips Don’t Lie’ by Shakira was at the top of the charts on both sides of the Atlantic, and no one had heard of Justin Bieber.
“A Trump presidency would probably not be the worst disaster, given that support is grandfathered in at the federal level,” said Jenny Chase, head of global solar analysis at Bloomberg New Energy Finance.