Disclosing Climate-Related Risks: Current and Future Prospects
6 Pages Posted: 22 Sep 2017
Date Written: September 21, 2017
This policy brief draws upon the issue of Climate-Related Risks (CRR) for the private sector, and the approaches firms adopt to disclose their exposure in transitioning towards a low-carbon economy. Specifically, it illustrates the recent developments in the field of climate-related financial disclosure, provided by the Financial Stability Board (FSB). Further, it outlines the findings of FEEM’s DeRisk-CO report (Disclosure, Measurement, Management and Mitigation of Climate-Related Risks for Companies), to give an example of how some major Italian companies are operating in this field.
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