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New report expected to boost push to make company climate-risk disclosures mandatory

The latest alarm bell to be rung on climate change — last Friday’s government report warning that the damage caused by the warming planet could shrink the U.S. economy by 10% by the end of the century — is expected to support the push for mandatory climate-risk disclosures among corporations, according to experts.

But much remains to be done to get companies to consistently make disclosures on how climate-change-related events, such as the recent deadly wildfires in California, are impacting business.

‘[W]e are looking at an economic crisis that, not unlike the subprime meltdown, will impact every sector of the economy and company within it.

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