Bloomberg Publishes 2017 Impact Report
Bloomberg 2017 Impact Report adopts TCFD recommendations, including scenario analysis; and highlights innovative new European headquarters
Bloomberg Publishes 2017 Impact Report
NEW YORK, April 12, 2018 /3BL Media/– Bloomberg today published its ninth Impact Report. The 2017 Impact Report integrates for the first time the recommendations of the FSB Task Force on Climate-related Financial Disclosures (TCFD). A dedicated section on climate-related scenario analysis explores Bloomberg’s business strategy under a 2° or less Celsius scenario and under a scenario in which no concerted action is taken to mitigate climate change.
Additionally, the annual report highlights Bloomberg’s business approach to sustainability, which has resulted in more than 100 million USD in operational cost avoidance over the past decade and the integration of sustainable finance considerations into our products and services. The report also features an introductory letter by Mike Bloomberg and a series of case studies demonstrating how sustainability is integrated throughout the firm.
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