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Climate Risk Is Poorly Represented in Company Financial Filings

2016-08-11 09:55:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: Corporate America has a split personality when it comes to climate change. When issuing marketing materials and press releases, U.S. companies frequently warn that rising global temperatures could cost them money. They tout specific green projects, like solar roofs and increased efficiency. But when it comes time to report to the Securities and Exchange Commission, the same companies stick to broad terminology and sanded-down statements. Take Target Corp., which outlined some of its efforts to...

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