Current rules have "not resulted in disclosures of a scope, breadth, and quality to be sufficiently useful to market participants and regulators."
“Auditors have a responsibility to properly challenge management to assess and report the impact of climate change on their business.”
More than 340 Amazon employees signed onto a post criticizing the company’s climate stance and protesting its external communications policy.
Overcoming these myths will allow organizations to operate in a transparent and action-oriented environment.
Allianz says its latest risk survey shows "cyber risk and climate change are two significant challenges that companies need to watch closely."
“The evidence on climate risk is compelling investors to reassess core assumptions about modern finance,” Larry Fink says.
While the report mentions disasters, extreme weather events, and wildfires it does not mention the role of climate change.
A judge rejected New York state claims that Exxon misled investors about the potential costs of future climate regulations.
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The plan would be funded by rolling back the Trump administration’s tax breaks for corporations.
As the effects of climate change become more prominent, they will become more and more visible in financial statements, says IASB's chair.
It's business interruption, and it can cause enormous financial losses, says Allianz.
