Accounting for Climate: The Next Frontier in ESG
S&P Global report:
As investors and companies increasingly weigh climate risk into their investment decisions and strategic direction, the question persists whether regulatory or market-based solutions offer a better path forward.
Scenario analysis based on scientific research indicates that climate risk will begin to impact global growth in the near future.
An uncoordinated regulatory response creates confusion and doubt in the markets. But market-based solutions are also plagued by inconsistent standards and terminology.
S&P Global believes effective and standardized ESG disclosure is needed to foster this growth. This presents an opportunity for governments and regulators to work with market leaders.Read this resource