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/PRNewswire/ -- The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has approved a study to develop supplemental guidance and insights...

/PRNewswire/ -- The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has approved a study to develop supplemental guidance and insights...

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...

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. “If you’re not moving forward on things like the environment, you’ll be uninvestable in certain parts of the investor universe,” Wieseneck said, predicting that all Wall Street research within 12 months will include “an ESG score — it’s just becoming too important to i...