February 02, 2007

Institutional Investors Introduce Climate Risk Disclosure Framework
Do you know how the companies in your investment portfolio are prepared to handle climate change? Probably not, as the idea of reporting such information to investors and the public is a relatively new concept. Yesterday in both Boston and London, a group of 14 institutional investors introduced their proposed framework for encouraging companies to publicize their climate impact, the Global Framework for Climate Risk Disclosure (in PDF). The voluntary standard builds upon reporting instruments that many corporations already use, and focuses on the business case for addressing global warming both in terms of risks and opportunities.