Investors Call For All Listed Cos. To Report Climate Risks
Law360, London (November 17, 2020, 2:39 PM GMT) -- The government should amend corporate law to force all companies listed on the London Stock Exchange to formally report on their exposure to climate-change risks, a group representing investment managers holding $11 trillion in assets has said.
The Investment Association, which represents the investment management industry, called on the British government and financial regulators on Monday to make climate risk reporting mandatory for all companies listed in the U.K.
The Financial Conduct Authority set out proposals in March to force companies with a premium listing on the stock market — those that must observe the most stringent rules — to make climate-related...
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