Friday, December 12, 2003

Major Investors Issue 'Call for Action' on Climate Risk [CERES]: Eight state and city treasurers and comptrollers and two major labor pension fund leaders issued a 10point "Call for Action" demanding new steps by the U.S. Securities and Exchange Commission (SEC), corporate boards and Wall Street firms to increase corporate disclosure of the risks posed by climate change to investors. As part of the call for action, the ten pension fund leaders announced the formation of a new Investor Network on Climate Risk (INCR). It's so interesting to see an ostensibly 'pro-business' US government lagging so far behind business leaders on these issues. 3:17:26 PM    comment []  trackback []