Regulation, regulation, regulation
Save time by listening to our audio articles as you multitaskThe coming year was supposed to be one of harmonisation. The Securities and Exchange Commission , America’s securities regulator, together with the European Union, other regulators in Asia and international standard-setting bodies are all working towards standardising disclosure of the climate-related risks a company faces.
The stage may thus be set for a vigorous battle in the courts. “In the United States, the whole debate on climate-related disclosure has gone back to ‘why are we doing it?’ rather than ‘how are we doing it?’,” says Zhihan Ma of Bernstein, an equity-research firm., at the forefront of all manner of green regulation, is further ahead.
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