5050 Climate Project Report on Climate Change: Undisclosed Political Contributions, Lack of Board Oversight, Lack of Board Expertise

A new report out today from the  50/50 Climate Project finds that twenty-one of the largest energy and utility companies in the U.S. that have spent at least $670 million over six years to influence elections, regulators and lawmakers have limited board oversight of climate risk and political spending, and lack climate competent board members. These corporations face the…

New ABA Report on Climate Change and Sustainability Financial Reporting

VEA Vice Chair Nell Minow co-wrote one of the articles in this new American Bar Association report with 5050 Climate Project Executive Director Edward Kamonjoh. Also included, George Dallas on “Climate Change as a Matter of Corporate Governance: An Investor Perspective.” “Climate Change and Sustainability Financial Reporting”

Proposed Energy Policy: Bob Massie For Governor

We highly recommend this comprehensive policy statement by Massachusetts gubernatorial candidate Bob Massie about an energy policy that is good for the environment, infrastructure, the economy, and job creation. He asks, “Why are we keeping fossil fuels on life support?” Source: Policy — Bob Massie For Governor

The Materiality of Climate Change Risk

Greg Rogers writes about the “materiality meterGreg Rogers writes about the “materiality meter” that will assess disclosure requirements relating to the risks of climate change. As corporate boardrooms begin to consider whether and to what extent to include climate-related disclosures in future financial filings, as recommended by the Financial Stability Board’s Taskforce on Climate-related Financial Disclosures…

Jonathan Salem Baskin: The Market Isn’t Interested In Investing In Oil

Our thanks to Jonathan Salem Baskin for allowing us to reprint his column about the market-based move away from fossil fuel, originally published on Medium. As the worldwide debate about climate change rages nowhere except in certain American electoral districts, the market is busy making air pollution less profitable. ExxonMobil will be more transparent on…

Recommendations of the Task Force on Climate-related Financial Disclosures

The Financial Stability Board’s industry-led “Task Force on Climate-Related Financial Disclosures” has issued its final report with standards and guidance for voluntary climate-related financial risk disclosures in SEC filings.  The most significant aspects are the imprimatur of the G20 and the credibility and support it lends to investor initiatives calling for portfolio companies to adopt its…

Envonet Simplifies Searches for Corporate Environmental Financial Disclosures – Envonet

Envonet™ has launched a free online web portal to allow easy comparison of corporate environmental financial disclosures. Envonet is a global tool that enables users to quickly access environmental and climate-related financial disclosures that are often buried deep within lengthy financial filings. Equally important, Envonet reveals where corporations have omitted information relevant to investors. “Investors…

State Street: Meeting Environmental Goals Three Years Early

VEA Vice Chair Nell Minow interviewed the State Street executive who guided the company in meeting its environmental goals ahead of schedule, and wrote about it for Huffington Post: Corporate executives and shareholders are increasingly aware that as a matter of strategy and branding they must play an active public role in addressing environmental risks….