Corporate climate disclosure rules are under development in several jurisdictions, with California and the European Union (EU) leading the way. A controversial and unresolved matter in this area is the inclusion and measurement of Scope 3 emissions—i.e., indirect emissions from a company’s supply chain. This blog post—the second in […]
Climate Finance
31 posts
The Securities and Exchange Commission (SEC) rule on climate disclosures for investors still faces an uncertain future in the courts. Meanwhile, other jurisdictions are filling the void. On October 10, the California Air Resources Board (CARB) released draft reporting templates for corporate emissions disclosures required under state law. This […]
This blog is the third in a three-part series on sustainable finance metrics that better evaluate corporate climate risk, opportunity, and impact, and make metrics more relevant to financial decision-making. The first two blogs analyze the value of CapEx and energy transition ratios as key transition metrics. At the […]
In recent years, roughly 30 nations have implemented regulatory regimes that mandate some type of greenhouse gas (GHG) emissions disclosure from corporations. As GHG emissions disclosure regimes continue to take hold, several key questions arise: will they prompt meaningful and sustained GHG emissions reductions, or will they merely serve to […]
This blog is the second in a three-part series on sustainable finance metrics that better evaluate corporate climate risk, opportunity, and impact, and make metrics more relevant to financial decision-making. In the last decade, financial market participants have begun to grapple with the risk and opportunity posed by […]
Commentators who advocate either for or against corporate and asset managers addressing climate risks often refer to “fiduciary duty” as justification for their claims. Yet no field of corporate or asset management actually imposes one standalone fiduciary duty. Nor do any two business-law fields impose the same fiduciary regime. […]
This blog is the first in a three-part series on sustainable finance metrics that better evaluate corporate climate risk, opportunity, and impact, and make metrics more relevant to financial decision-making. Corporate climate practices have matured for over a decade, creating a specialized industry of experts evaluating climate performance within […]
Note: The views reflected in the post are those of the author and the author alone, and do not necessarily reflect the views of the Sabin Center or anyone at the Sabin Center. At a colloquium co-sponsored at Columbia Law School by the Ira M. Millstein Center […]