In September 2015, Mark Carney, Governor of the Bank of England, issued a clear warning about the Tragedy of the Horizon, stating that by the time climate change impacts financial stability, it will already be too late.
Geneva, Switzerland, 19 July 2018: Today, on behalf of the Task Force on Climate-related Financial Disclosures (TCFD) Oil and Gas Preparer Forum, the World Business Council for Sustainable Development (WBCSD), released “Climate-related financial disclosure by oil and gas companies: implementing the TCFD recommendations.” This report provides an in-depth description of the current state of climate-related financial disclosure and effective disclosure practices among leading oil and gas companies Eni, Equinor (formerly Statoil […]