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 — including the Securities and Exchange Commission (SEC) — 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 recognized across industries, markets and jurisdictions worldwide. Instead, CFOs must choose from among s...