A global task force set up by the G20 has developed a voluntary framework for companies to disclose the financial impact of climate-related risks and opportunities, drawing support from more than 100 companies with $11-trillion of assets. There are concerns in the financial community that assets are being mispriced because the full extent of climate risk is not being factored in, threatening market stability.
Source: www.engineeringnews.co.za
G20 task force issues framework for climate-related financial disclosure
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