Felicia Jackson writes in Forbes:
Climate and environmental information reporting is becoming mainstream. The focus on risk disclosure means it doesn’t matter whether you believe in climate change or not – what matters is transparency about corporate risk.
As Richard Samans, Chairman, CDSB and Managing Director, Head of Policy and Institutional Impact at the World Economic Forum says, “Financial market are a mechanism by which we embed information into pricing.” Today that means providing investors with useful information on a range of externalities, from information about the potential impact of carbon pricing on energy costs; the materials used for manufacturing, where costs and availability might change; the impact of technology on markets; the social impact of a corporation on its environment physically, socially and ethically.
Source: Disclosure Is About Risks And Opportunities, Not Politics