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From green to gold: 5 ways CFOs can gain from climate risk disclosure

CFOs face rising heat to combat climate change from a range of stakeholders. Activists demand commitments to shrink carbon footprints. Investors want both green operations and robust profits. Regulators โ€” including the Securities and Exchange Commission (SEC) โ€” are gearing up to require detailed disclosures on climate risks. When handling such pressure, financial executives draw from an ill-fitting set of tools. They lack a single, detailed framework for measuring climate risk that is recog...
United States France General Freddie Mac Janet Yellen Arnaud Picut Robert Hirth

Companies ignoring ESG may become 'uninvestable,' says investment bank chief

First published on Dive Brief: Companies that fail to make progress on environmental, social and governance (ESG) goals may end up excluded from consideration by many investors, Larry Wieseneck, Cowen co-president, told an online conference for chief financial officers sponsored by the American Institute of CPAs. โ€œIf youโ€™re not moving forward on things like the environment, youโ€™ll be uninvestable in certain parts of the investor universe,โ€ Wieseneck said, predicting that all Wall Street...
United States Robert Hirth Larry Wieseneck Exchange Commission Governance Accountability Institute American Institute

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