MultiBrief: The danger of missing climate change policies in business forecasts

This is why it is important for investors to insist upon a sustainability strategy.

Three of the four largest U.S. coal producers are now bankrupt, including Alpha Natural Resources and Peabody Energy. The former acquired Massey Energy in 2010, increasing its net debt level to $2.4 billion by 2011. The latter acquired Macarthur Coal and entered bankruptcy with liabilities of $10.1 billion.According to the latest report by the Carbon Tracker Initiative, these risky maneuvers and failures could have been avoided if companies would have considered the impacts of climate change policies in their business strategies.

Source: MultiBrief: The danger of missing climate change policies in business forecasts

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