Companies Should Report Possible Climate Costs, Say Global Executives
The information should routinely appear in financial statements, according to recommendations to be presented to G-20 leaders
Jan 4, 2017 4:00 PM ET
Originally posted on Wall Street Journal.
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.
The Task Force on Climate-related Financial Disclosures, headed by the former New York City Mayor, in a report Wednesday said that greenhouse gas emissions pose a serious risk to the global economy.
