Many businesses are reluctant to share information about their environmental performance and impacts as well as the consequences of a changing climate on their operations. Yet investors are clamoring for information on how climate change is impacting the businesses in which they own stakes, and have filed class action lawsuits against companies that have failed to disclose climate-related risks. At the same time, a number of different organizations have released standards and best practices around climate risk disclosure. How are companies to navigate the disclosure minefield, satisfy investors, and walk the fine line between too little disclosure and too much?
Panelists will address the current reporting regime (mandatory and voluntary), the final recommendations of the Task Force on Climate-related Financial Disclosures, shareholder activism around disclosures, as well as the risk of climate change disclosure-related claims.