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Environmental Impact

By: Green, Paula L. | Global Finance, September 2006 | Article details

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Environmental Impact


Green, Paula L., Global Finance


CLIMATE CHANGE

Global investors are turning up the heat under corporate executives to ensure they spell out how climate change and other environmental liabilities will affect their bottom line.

As concern grows over the enormity of the corporate world's energy demand, businesses are coming under increasing scrutiny over their readiness to deal with the flip side of that same coin: climate change. A recent move by more than two dozen institutional investors, managing $1 trillion in assets, to persuade US regulators that publicly traded companies should disclose the financial risks of climate change in their public documents is only the latest indication of investors' …

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