The financial market risk of climate change

We’ve mentioned it before – people are getting together with lawyers to focus on polluters in the same way cigarette makers were targeted.

On the same day that US rates were lowered investors and NGOs petitioned the SEC to clarify whether firms had an obligation to disclose how climate change might affect them.  It is certain that disclosure must occur.  Directors ought to know since it is a significant material business risk, and if they know shareholders must too.

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.