Punish companies that disregard climate risks! – Is it good?

NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

LONDON, July 29 (Reuters) – Some of Britain’s top listed companies can mitigate risks from climate change from their bottom line and may face “appropriate action” , the regulators said on Friday.

Trillions of dollars have flowed into the stocks and bonds of companies with environmental, social and governance (ESG) certificates, leaving regulators worried about “washing up” or companies. flatter their green profile to attract investment.

As of 2021, companies listed on the London Stock Exchange’s premium market must disclose climate-related information to investors under the Global Task Force on Related Financial Disclosures. climate-related (TCFD) – or explain why they don’t disclose.

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

You know it’s a religion when they try to ban dissidents.

Anyway, the whole idea that most UK companies will lose money because of global warming is absurd.