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IIGCC Members Demand Climate-Related Financial Disclosures from European Corporates

Directors and auditors will be held accountable by investors if carbon-intensive companies do not deliver in five key areas. 

Global investors managing US$9 trillion in assets under management (AUM) have issued a warning to 36 of Europe’s most carbon-intensive corporates, demanding climate-risk disclosures be included in all financial reporting. The 36 investor signatories included Northern Trust, the UK's Local Authority Pension Fund Forum and the Church of England Pensions Board. Recipients included Deutsche Lufthansa,…

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