UK companies may face 'action' if they downplay climate risk, watchdogs say

[rebewranger]

UK companies may face 'action' if they downplay climate risk, watchdogs say
By Huw Jones

 
LONDON, July 29 (Reuters) - Some of Britain's top listed companies could be downplaying risks from climate change on their bottom line and could face "appropriate action", regulators said on Friday.

Trillions of dollars have flowed into stocks and bonds of companies which tout their environmental, social and governance (ESG) credentials, leaving regulators worried about "greenwashing" or companies flattering their green profile to attract investments.
 
Companies listed on the London Stock Exchange's premium market have been required since 2021 to make climate-related disclosures to investors in line with the global Taskforce on Climate-related Financial Disclosures (TCFD) - or to explain why they have not.

Britain's Financial Conduct Authority, which regulates listings, and audit watchdog the Financial Reporting Council (FRC) published reviews on Friday of how companies have applied TCFD so far.

https://www.reuters.com/business/sustainable-business/uk-companies-may-face-action-if-they-downplay-climate-risk-watchdogs-say-2022-07-29/

[Kamaji]

[rebewranger]

This will be coming to America if the commiecrats aren't decimated in the midterms.  

[Kamaji]

This will be coming to America if the commiecrats aren't decimated in the midterms.  

The SEC already requires climate "change" disclosures.

[rebewranger]

The SEC already requires climate "change" disclosures.

I invite them to come stand outside my favorite toilet every morning if they want to experience
 real climate change!