Financial Stability Board Task Force on Climate-related Financial Disclosures News

New Zealand Is 1st Country to Pass Climate Change Disclosure Laws for Insurers, Banks

New Zealand has become the first country to pass laws requiring banks, insurers and investment managers to report the impacts of climate change on their business, officials said on Thursday. About 200 of the largest financial firms in New Zealand, …

Companies in Polluting Industries Slow to Disclose Climate Change Risks: Moody’s

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 …

‘Game Changing’ Climate Disclosure Guidelines Coming Soon

A global task force’s efforts to create new disclosure guidelines for the world’s financial industry – including insurers in the U.S. and abroad – are far from the first attempt to urge companies to be open with the public about …