Article 199QV Bloomberg climate taskforce targets financial filings

Bloomberg climate taskforce targets financial filings

by
Megan Darby for Climate Home, part of the Guardian
from on (#199QV)

Lead analyst recommends companies to disclose their climate risk exposure to avoid legal issues faced by Peabody and Exxon, Climate Home reports

Climate risk information should form part of companies' routine financial filings, a taskforce led by Michael Bloomberg is recommending.

As companies like Peabody Energy and Exxon Mobil face legal probes over allegedly lying about their exposure, it reinforces moves for greater transparency.

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