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The Bruce Column — Making the financial implications of climate-related risks clear

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Feb 01, 2017

On February 1, 2017, Robert Bruce explains the implications of the recommendations of the Task Force on Climate-related Financial Disclosures, which marks a shift in the focus of the reporting of climate change and ensures that companies explain the risks and opportunities that result.

It is the old cliché. What gets measured gets managed. And for a long time that has been a mantra in the field of getting to grips with greenhouse gas emissions and moves toward a lower-carbon economy. All the efforts in the fields of accounting for sustainability and integrated reporting have it at their heart. But it has been as much a cultural change as it has been a financial one. And that sort of change takes more time than people imagine at the outset. But with the publication of the recommendations of the Task Force on Climate-related Financial Disclosures the whole process moves forward.

Review the full article on our Global IAS Plus website.


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