ultra deepwater drilling

Investors Push SEC to Require Stronger Climate Risk Disclosure by Fossil Fuel Companies

Press Release

BOSTON, April 17, 2015 /3BL Media/ – Just one day after BP adopted a shareholder resolution to support better carbon asset risk disclosures following disappointing global oil demand and low oil prices, 62 institutional investors representing nearly $2 trillion in assets called on the Securities and Exchange Commission to push for better disclosure by oil and gas companies of critical climate change-related business risks that will “profoundly affect the economics of the industry.”

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