Carney Panel Set to Demand Climate-Risk Scenarios From Companies
- Task force urging G-20 to elevate issue to board level
- About 180 companies already hold CEOs responsible on climate
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Companies should tell investors how their profits may be hit by tighter pollution rules and extreme weather events coming from climate change, a panel advising the Group of 20 nations will conclude next week.
The group, set up by Bank of England Governor Mark Carney in his role as head of the Financial Stability Board, is due to report on Wednesday on best practices for companies disclosing how they manage environmental risks.