First report by Bloomberg, a recent CERES report indicates that the Securities and Exchange Commission has failed to make climate risk reporting a priority to S&P 500 companies.
“Investors want greater transparency on the business risks of climate change as a means to protect and increase shareholder value,” Ceres President Mindy Lubber said in a statement. “Yet the SEC is not adequately enforcing its own requirements.” (more…)
One of my 2014 resolutions is to embrace the communication strategy and efficiency of the climate change discussion, because up to this point its been a mis-mash of scientific essays, op-ed pieces, and sound bites that ultimately die a quick death on the back pages of the Daily Planet or the margins of (isnert news website). In doing so I couldn’t help but notice the amount of Twitter activity around the hash tag #ClimateRisk2014, which captured the thoughts and quotes presented during the 2014 Investor Summit on Climate Risk at the United Nations last week in co-presented by the CERES group. The event serves as the preeminent forum for leading global investors to discuss the implications of climate change for capital markets. (more…)