Tag: Yahoo Finance

Companies slow to disclose financial costs of climate change -report

U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though a global task force called on them to do so two years ago, Moody's Investors Service said in a report on Monday. The analysis of the public filings of 28 building materials, oil and gas and utility companies comes after the Financial Stability Board's Task Force on Climate-Related Financial Disclosures in 2017 recommended voluntary disclosure by companies of the financial impact of climate change....