Science
Potential for misuse of climate data a threat to business and financial markets – EurekAlert
Climate information is at risk of being misconstrued and used inappropriately in financial reports and has the potential to expose businesses to significant risk,…
The findings are published in the prestigious journal, Nature Climate Change, and calls on businesses, the financial services industry and regulators to work more closely with climate scientists.
Regulators and governments – both domestic and international – are increasingly requiring that businesses assess and disclose their vulnerability to the physical effects of climate change, for example, increased drought, bushfires and sea level rise.
“People are making strategically material decisions…
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