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New Guide Advises Investors On Addressing Financial Risks And Opportunities From Global Warming
Jan 27, 2011
An investor guide released today outlines specific strategies for addressing the financial risks and investment opportunities posed by global warming. The guide identifies actions that pension plans, fund managers and companies can take to address climate risk,and also recommends that investors support government action to reduce investor and business uncertainty on global warming.
Southern Company, TXU Agree To Report To Shareholders On Preparedness For Greenhouse Gas Limits; Reliant Energy To Expand 10k Disclosure On Issue
Jan 27, 2011
In response to shareholder requests for disclosure on how companies are planning for potential constraints on carbon dioxide and other emissions, electric power giant Southern Company and power company TXU have agreed to report publicly on how they are planning for those scenarios, while Houston-based power provider Reliant Energy has agreed to take steps to improve measurement and disclosure of the financial impact of its emissions.