Analyzing environmental, social, and governance (ESG) criteria is an increasingly valuable method for investors to evaluate high performing companies. While climate change may pose an extraordinary threat such as damaging property and disrupting supply chains, it may also present opportunities to capitalize on new markets.
In light of these risks and opportunities, financial institutions are seeking additional climate-related financial information to better assess companies’ resilience to this changing landscape. Many companies are implementing the Task Force on Climate-related Financial Disclosures (TCFD) framework to disclose risks and opportunities across governance, risk management, strategy, and metrics and targets. Others are becoming certified as B-Corporations, indicating that they have met basic social and environmental performance measures, and many are publicly adopting more ambitious climate mitigation pledges as they prepare to position themselves to the new realities presented by climate change.
What is driving businesses to commit to climate mitigation plans and more robust climate disclosure, and what related opportunities and obstacles remain? What is the current landscape of climate reporting frameworks in the United States and what may be expected or required of companies in the future? How is climate change affecting business operations and supply chain management now and what is expected in the future? What are the best practices that businesses can follow in providing climate-related financial disclosures?
This seminar is the third seminar of the Environmental Law and Finance Series, exploring opportunities at the intersection of environmental law and finance. Join ELI, White & Case LLP, and leading panelists to explore the role of climate change in the ESG arena.