WBUR: Warren Bill Would Require Companies To Disclose More About Their Climate Risks
U.S. Sen. Elizabeth Warren on Monday proposed legislation that would require public companies to disclose more information about their exposure to climate-related risks.
Warren's bill would direct the Securities and Exchange Commission to issue rules to require each company to detail its greenhouse gas emissions; its total amount of "fossil fuel-related assets;" how its valuation would be affected by certain climate change forecasts; and its risk management strategies related to climate change.
"Climate change is a real and present danger," the Massachusetts Democrat said in a statement, "and it will have an enormous effect on the value of company assets. Investors need more information about climate-related risks so they can make the right decisions with their money."
Read the full article on WBUR's website here.
By: Benjamin Swasey
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