A new survey finds that more and more financial firms are getting a lot better at climate risk management
Think what we’ve endured: rising seas, monster storms, huge wildfires. Fighting climate change is a tough task. But here is some good news. .
This is important for investing because many polls show that investors, particularly younger ones, consider company green bona fides in choosing where to put their money. Wall Street and other finance types have gotten the message. JPMorgan Chase , for instance, announced in April that, over the next decade, it would invest and furnish other financial services for up to $2.5 trillion related to climate change and social inequality., the Vanguard Group and the California Public Employees’ Retirement System—say they use environmental considerations in allocating their dollars, and insist on better corporate reporting of climate risk.
At the same time, regulators’ scrutiny is expanding, which should help companies overcome any hesitancy about getting serious about the climate. Some 65% report that regulatory bodies are requiring that they report climate-related risks.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
If a sprawling suburb ditches natural gas, is it good for the climate?Homes at Tejon Ranch will have electric heat pumps and induction stoves. But what about all those car trips?
Read more »
This Is America: How The Good Shepherd Examined the Rot at the Core of a Country15 years ago, the last movie directed by Robert De Niro hit the big screen. itismitchell looks at The Good Shepherd's lasting legacy as an ice-cold political critique:
Read more »
How Adele and Lizzo Bonded Over “Good Advice” and Being “Divas”We’re obsessed with this friendship.
Read more »
Biden says 'nothing's been good enough' as Covid hotspots see testing shortagesPresident Biden acknowledged his administration has struggled to meet the nation's demand for Covid-19 tests, but he defended the federal response to a surge in cases — driven largely by the Omicron variant.
Read more »
Tableau BrandVoice: Doing Good Data Means Doing No HarmTo influence change—where data isn’t harmful—the Urban Institute, in partnership with the Tableau Foundation, created the Do No Harm Guide: Applying Equity Awareness in Data Visualization.
Read more »