Investors rely on companies to accurately report on the risks to their business. But despite new international initiatives, most companies are not reporting their exposure to climate risk adequately. Our engagement with regulators and businesses is pushing companies towards reporting on and reducing these risks.
“The irony is that by enabling new coal projects, insurers are undermining their own viability. It is a stark case of climate hypocrisy.”
Company Enea will have to justify its decision to power ahead with the controversial project in court, as Poland feels the pressure before COP24.
A member of Shell’s pension fund is ready to take it to the Pensions Ombudsman for maladministration – unless it can prove it is managing its climate-related risk. ClientEarth is supporting him.
Here, you can access our regulatory referrals, investor briefings, and publications on the legal duties of company directors, pension fund trustees, investment advisers, asset managers, auditors, and other financial actors, to report on and manage the material financial risks associated with climate change.
- UK financial regulators are missing in action on company failures to disclose material climate-related information
- Insuring coal no more – The 2019 Scorecard on Insurance, Coal and Climate Change
- ClientEarth letter to the Board of Directors of the European Investment Bank (EIB) on its fossil-free lending policy
- Brief an Bundesministerien: Finanzierungspolitik der EIB im Energiesektor – mit rechtlicher Analyse
- Auswirkung des Rodungsstopps in Hambach auf die Braunkohleförderung
- BaFin Beschwerde: “Falsche und irreführende Ad-hoc-Mitteilung der RWE AG”
- ClientEarth letter to German financial regulator BaFin over RWE ad-hoc disclosure
- ClientEarth response to Treasury Select Committee Inquiry into Decarbonisation of the UK Economy and Green Finance
- ClientEarth response to FCA Consultation Paper 19/15 Independent Governance Committees: extension of remit
- ClientEarth response to UNEP PSI consultation on underwriting and ESG risks
- ClientEarth response to the independent review of the Financial Reporting Council – initial consultation on the recommendations
- ClientEarth response to the independent review into the quality and effectiveness of audit