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Corporate Responsibility Magazine: The 800-Pound Gorilla
Many companies don’t fully disclose a key material risk hovering over their future performance: climate change. Without robust corporate disclosure, investment managers can’t truly know how risky their investments are.
by Mindy S. Lubber —
Corporate Responsibility Magazine
Posted on Jul 19, 2012
As Maryland’s state treasurer, Nancy Kopp chairs the Maryland State Retirement and Pension System Board, which oversees the state’s $36 billion dollar pension fund. The trouble, Kopp says, is that many companies don’t fully disclose a key material risk hovering over their future performance: climate change. Without robust corporate disclosure, the state’s investment managers can’t truly know how risky their investments are.
