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Shareholder Pressure Increasing Over Climate Change Risks

2015-05-22 12:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Energy companies are facing increased scrutiny over their carbon emissions as pension funds worth billions grow anxious about the risks posed by climate change. Philippe Desfosses, chief executive officer of ERAFP, a pension fund for French civil servants, warned of the risks posed by rising sea levels and warming temperatures at a business and climate conference in Paris that finishes Friday. There is a legal risk that is coming, Desfosses said. If there is a carbon risk for a business,...

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