Investors are demanding better information about the impact on corporate bottom lines of events like the California wildfires
The latest alarm bell to be rung on climate change — last Friday’s government report warning that the damage caused by the warming planet could shrink the U.S. economy by 10% by the end of the century — is expected to support the push for mandatory climate-risk disclosures among corporations, according to experts.
But much remains to be done to get companies to consistently make disclosures on how climate-change-related events, such as the recent deadly wildfires in California, are impacting business.
