The market can be an ally on the road to a juster and more ecologically sustainable society. This is because, once you factor in risk and insurance and actuarial stuff and cost it out and apply it to doing business with a risk management head on then ... well, have a look: "The risks posed by climate change have so far proved particularly fertile ground. The Carbon Disclosure Project is a case in point. The initiative asks FTSE global 500 companies to disclose 'investment-relevant information' on carbon emissions, and to explain how they are managing carbon risk. This year, it had the backing of 143 institutions with $20,000bn under management. Now that's market clout"
Guardian Unlimited | Special reports | Risk assessment:
No comments:
Post a Comment