Mark Carney: Businesses Must Come Clean About Climate Change Risks to Avoid "Tragedy"
Firms must discuss the impact of specific climate change scenarios in their financial statements to ensure transparency, report says
Dec 30, 2016 2:55 PM ET
Originally posted on The Independent.
Mark Carney backed a raft of new measures to ensure businesses and investors do more to combat the “tragedy” of climate change.
The recommendations, published by an international task force headed by billionaire New York City mayor, Michael Bloomberg, said investors need more information about the risks companies face from global warming so they can properly allocate funds.
