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Industry Begins Long-Term Push Against Mandatory Climate Risk Reporting

May 16, 2017
Industry critics of a forthcoming international climate risk disclosure framework are laying the groundwork for a long-term push to dissuade federal financial regulators from making the recommendations mandatory for publicly traded companies, though they acknowledge such a step is unlikely to occur under the Trump administration. The proposal, slated to be finalized in July by an industry task force, outlines a series of detailed voluntary recommendations for how companies should project financial risks and opportunities tied to climate change. But...

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