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Carney-Backed Report Urges Companies to Disclose Climate Change Effects

BoE governor and media billionaire behind proposals to better inform investors and lenders
Article

Originally posted in the Financial Times.

A task force led by Michael Bloomberg and backed by Mark Carney has urged companies to disclose to investors the impact of climate change on their businesses.

The governor of the Bank of England and the billionaire media owner are behind a new set of recommendations designed to give investors, lenders and insurers a better idea about how climate change will affect individual businesses.

Swiss Re Adopts Climate-Related Financial Disclosure Recommendations

Article

Originally posted in Canadian Underwriter

Swiss Re announced on Wednesday that it will adopt the climate-related financial disclosure recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).

TCFD Reaction: 'Turning Point for Climate Disclosure'

Article

Originally posted on Environmental Finance.

The launch of TCFD's recommendations were today hailed as a landmark moment for investors campaigning to have climate considerations integrated into mainstream reporting.

TCFD Report Launch: Key Comments from Carney, Bloomberg, Schapiro, Lindeijer

Article

Bank of England Governor and Chair of the Financial Stability Board Mark Carney has said the newly released report from the Task Force on Climate Related Financial Disclosures (TCFD) represents a breakthrough in managing the risks and opportunities related with climate change.

Bloomberg Hosts “The Future of RMB” with the Hon. Mary Schapiro

Article

Bloomberg hosted an exclusive luncheon with the Hon. Mary Schapiro in Hong Kong on November 29. More than 60 of the city’s top business and finance leaders came together to discuss the RMB’s future following the recent U.S. elections.

GM Focuses on Asia for Biodiversity Progress

Blog

GM committed to earn Wildlife Habitat Council conservation certification at each of its manufacturing sites around the world by 2020. The company believes the key to progress is taking a customized, regional approach to use corporate lands and collaborative partnerships to restore, protect and promote biodiversity.

GM now has 63 certified sites, seven of which are in five countries throughout Asia. Here’s how the company introduced the wildlife habitat commitment there and quickly ramped up its efforts.

Boeing, COMAC Expand Collaboration on Environmental Efficiency and Sustainable Growth

Boeing-COMAC Sustainable Aviation Technology Center to pursue mutually beneficial research in materials recycling, air travel for aging populations, workplace safety
Press Release

November 1, 2016 /3BL Media/ - Boeing [NYSE:BA] and Commercial Aircraft Corp. of China (COMAC) today signed a new agreement to expand their joint research collaboration in support of the long-term sustainable growth of commercial aviation.

The two companies, which signed an initial collaboration agreement in March 2012, have been researching ways to improve aviation's fuel efficiency and greenhouse-gas emissions reduction, including sustainable aviation biofuel and air traffic management (ATM) efficiency.

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