Investors tell European firms to reveal ‘missing’ climate costs in their accounts

Investors are pushing major European companies to make sure the “missing” costs of climate change are properly reflected in their financial statements, a move that could wipe billions of dollars off the value of sectors from energy to aviation. The European and U.S. investors, who manage $9 trillion in assets, have sent 36 carbon-heavy companies […]

from Daily Times https://ift.tt/3pwiDNb