ExxonMobil, Massey Coal, and DTE Energy are among corporations giving investors little info on environmental risks and opportunities
This week's filing by General Motors (GM) is a painful lesson for shareholders who failed to grasp the profound risks of the company's failed business strategy. It's a lesson all shareholders should consider in scouring their portfolios for risks.
As the impact of climate change on business takes hold, a growing number of investors are paying more attention to the risks and opportunities from global warming that are embedded in their portfolios.
GM failed to respond to climate risks by continuing to produce high-polluting gas-guzzlers that few consumers wanted—a key factor in its downfall. What other companies might falter? And which are measuring their carbon footprint, setting pollution reduction targets and seeking new clean energy opportunities?
See full Article.
