Beyond ESG: why the SEC is right to make climate risk disclosure mandatory – Franklin Templeton

The US Securities and Exchange Commission (SEC) recently voted to issue proposals for mandatory climate risk reporting by public companies.

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... With the increasing frequency and severity of extreme weather events comes a heightened focus on the risks of climate change. But in the absence of consistent financial reporting on them, investors and companies have had to hazard their own guess of the impact on markets and the economy.

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