Sentences with phrase «investors about climate risk»

«Carbon Tracker is able to be more effective at informing investors about climate risk and influencing their actions than traditional investment banks,» he said.

Exxon began informing investors about climate risks in 2007 in regulatory filings and corporate citizenship reports.

Not exact matches

For some months, ExxonMobil Inc. (xom) has been under investigation about allegations that it lied to investors about the risks of Climate Change.

He said the risk applied equally to companies, especially those that have been in denial about climate change risk to their business, and investors, some of which had been pressuring companies to lift their game on carbon risk disclosure but still had a long way to go themselves.

Peabody Energy has a responsibility to be honest with investors and the public about the risks posed by climate change, New York Attorney General Eric T. Schneiderman said in announcing the settlement with Peabody Monday.

Investors are expecting more quantified financial information about climate risks and opportunities, in mainstream financial filings.

A small but growing number of countries now have legal requirements for institutional investors to report on how their investment policies and performance are affected by environmental factors, including South Africa and, prospectively, the EU.36 Concern about the risks of a «carbon bubble» — that highly valued fossil fuel assets and investments could be devalued or «stranded» under future, more stringent climate policies — prompted G20 Finance Ministers and Central Bank Governors in April 2015 to ask the Financial Stability Board in Basel to convene an inquiry into how the financial sector can take account of climate - related issues.37

New York Attorney General Eric T. Schneiderman has accused ExxonMobil of lying to the public and investors about the risks of climate change according to the NY Times and has launched an investigation and issued a subpoena demanding extensive financial records, emails and other documents.

Investors in oil and gas companies have been in the dark about their exposure to climate risk, but they will now be able to confront companies with precise information and ask hard questions about how they intend to deal with potentially stranded assets.»

The announcement follows an increasing awareness among investors about the climate change impact of their assets, and their interest in reducing related investment risk.

Investors are taking note of how serious companies are about mitigating business risks relating to climate change.

In response to growing calls from investors and mounting concerns about so - called carbon bubble risk, the TCFD earlier this year recommended that listed firms publicly report on how climate change and the low carbon transition could affect their business.

Advocates of climate - related reporting maintain that investors are not being adequately informed about the considerable risks businesses face from climate change.

Massachusetts Attorney General Maura Healey and New York's Attorney General's Office are investigating whether Exxon misled investors and the public about climate change risks.

Prosecutors want to see if the company lied to the public about the risks of climate change or to investors about how such risks might hurt the oil business.

The office of New York Attorney General Eric Schneiderman sent a subpoena to oil company ExxonMobil about its alleged cover - up of climate change risks to the public and its investors.

In a blockbuster story, The New York Times reported that New York Attorney General Eric Schneiderman has subpoenaed oil and gas industry giant ExxonMobil to «determine whether the company lied to the public about the risks of climate change or to investors about how those risks might hurt the oil business.»

The state attorneys general of New York and Massachusetts, meanwhile, are investigating whether Exxon misled investors about its risks from climate change.

Attorneys general in states like California, Massachusetts, and New York will also move forward with their investigations into ExxonMobil's tobacco - style efforts to mislead investors and the public about the risks of climate change.

Both MRC and CFACT have previously accepted grants from oil company ExxonMobil, which is currently under investigation by the New York attorney general for allegedly lying about the risks of climate change to the public and investors.

«It's critical that industries and investors understand the risks posed by climate change, but currently there is too little transparency about those risks,» said Bloomberg.

Peabody Energy, the world's biggest private sector coal company, has agreed to make more robust disclosures to its investors about the financial risks it faces from future government policies and regulations related to climate change and other environmental issues that could reduce demand for its product.

Carbon Tracker welcomes the Task Force's recognition that meaningful investor engagement with boards and management on climate risks requires more informed discussion about how these risks may impact a business.