Punish Corporations Who Downplay Local weather Danger! – Watts Up With That?

From NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

LONDON, July 29 (Reuters) – A few of Britain’s prime listed firms could possibly be downplaying dangers from local weather change on their backside line and will face “acceptable motion”, regulators mentioned on Friday.

Trillions of {dollars} have flowed into shares and bonds of firms which tout their environmental, social and governance (ESG) credentials, leaving regulators fearful about “greenwashing” or firms flattering their inexperienced profile to draw investments.

Corporations listed on the London Inventory Trade’s premium market have been required since 2021 to make climate-related disclosures to buyers according to the worldwide Taskforce on Local weather-related Monetary Disclosures (TCFD) – or to clarify why they haven’t.

https://www.reuters.com/enterprise/sustainable-business/uk-companies-may-face-action-if-they-downplay-climate-risk-watchdogs-say-2022-07-29/

You already know it’s a faith once they attempt to ban dissent.

The entire concept anyway that almost all UK firms will undergo losses due to international warming are absurd.