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Latest Climate risk Stories

2010-10-21 10:15:00

Los Angeles, Atlanta utilities face increasing risks, according to report's water risk assessment BOSTON, Oct. 21 /PRNewswire-USNewswire/ -- Growing water scarcity in many parts of the United States is a hidden financial risk for investors who buy the water and electric utility bonds that finance much of the country's vast water and power infrastructure, according to a first-ever report on the issue released today by Ceres and Water Asset Management. The report, The Ripple Effect: Water...

2010-09-21 09:00:00

CHICAGO, Sept. 21 /PRNewswire/ -- For the second consecutive year, the Carbon Disclosure Project recognized Boeing (NYSE: BA) as one of the world's leading companies in reporting climate-change risks and taking actions to improve environmental performance. The Carbon Disclosure Project, an investor-funded nonprofit organization that produces the most comprehensive survey of global corporate carbon emissions, listed The Boeing Company in its 2010 Carbon Disclosure Leadership Index....

2010-09-07 16:12:00

The UNEP Finance Initiative launches Issue 2 of the Chief Liquidity Series at World Water Week in Stockholm STOCKHOLM, Sept. 7 /PRNewswire-USNewswire/ -- The United Nations Environment Programme Finance Initiative (UNEP FI) launched Issue 2 of The Chief Liquidity Series focused on the Power Sector at an event entitled 'Seeking Liquidity: Integrating Corporate Water Performance into the Core of Financial Services and Capital Markets', during World Water Week. In an effort to encourage new...

2010-03-04 10:37:00

Record Filings Follow SEC Calls for Stronger Corporate Attention to Climate Change BOSTON, March 4 /PRNewswire-USNewswire/ -- Leading U.S. investors today announced that they have filed a record 95 global warming shareholder resolutions with 82 U.S. and Canadian companies that face far-reaching business challenges from climate change. The 40 percent increase in resolutions filed over last year is a first sign of the growing pressure on companies to disclose climate risks and opportunities...

2010-01-29 10:09:00

NEW YORK, Jan. 29 /PRNewswire/ -- On Wednesday, the SEC voted to encourage companies to disclose the effects of climate change on their businesses. In response, PricewaterhouseCoopers (PwC) U.S. Sustainability and Climate Change Partner, Kathy Nieland, issued the following statement for the benefit of companies seeking to address this question: The growing movement around investors' need for more climate change related disclosure is at the core of this week's SEC announcement that it...

2010-01-28 10:37:00

ICCR/Trucost Tool Seen as the First Step in Assessing Climate Risk During "Lag" Between SEC Order and Company Compliance; More Than 150 Companies Highlighted. NEW YORK, Jan. 28 /PRNewswire-USNewswire/ -- Now that the U.S. Securities and Exchange Commission (SEC) has decided that climate-related risks are material information that publicly traded companies must disclose to investors, what do investors do in the several months it will take for the disclosures made by companies to catch up...

2010-01-28 02:00:00

LONDON, Jan. 28 /PRNewswire-FirstCall/ -- According to an Acclimatise report, backed by IBM (NYSE: IBM), over 80% of global mining companies surveyed claim their physical assets would be affected by extreme weather events, yet only 13% report taking action to protect their assets that are critical to business success, attracting financial investment and the safety of employees. (Logo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO) The report findings highlight the critical choices...

2010-01-27 16:41:49

Climate change experts argue for international geoengineering effort Internationally coordinated research and field-testing on 'geoengineering' the planet's atmosphere to limit risk of climate change should begin soon along with building international governance of the technology, say scientists from the University of Calgary and the United States. Collaborative and government-supported studies on solar-radiation management, a form of geo-engineering, would reduce the risk of nations'...

2010-01-27 13:41:00

Leading Investors Hail Today's Landmark Decision WASHINGTON, Jan. 27 /PRNewswire-USNewswire/ -- The U.S. Securities and Exchange Commission today issued new interpretive guidance that clarifies what publicly traded companies need to disclose to investors in terms of climate-related "material" effects on business operations, whether from new emissions management policies, the physical impacts of changing weather or business opportunities associated with the growing clean energy economy....

2010-01-06 13:00:00

Nearly half of money managers surveyed ignoring climate risks, considering it 'non-material' BOSTON, Jan. 6 /PRNewswire/ -- Although there is overwhelming scientific consensus that climate change is underway and governments are imposing regulations to curb greenhouse gases, the vast majority of the world's largest investment managers are not factoring climate-related trends into their short- and long-term investment decision-making, the result being significant 'hidden risks' in the...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'