Banks should disclose lending to companies with carbon-related risks, says report
by Michael Slezak from on (#2V7MV)
International climate task force says companies should disclose all of their direct and indirect greenhouse gas emissions
Banks should disclose lending to companies with carbon-related risks, according to recommendations in a new report by the Task Force on Climate-related Financial Disclosures.
The TCFD report - part of a G20 initiative led by governor of the Bank of England Mark Carney and former mayor of New York City Michael Bloomberg - outlines how companies should disclose climate-related information in their financial filings, with the aim of allowing economies to properly value climate-related risks.
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