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Climate Change Hero

Climate Change Blog

  • 12
  • July
  • 2019

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Increasing Climate Disclosure Mandate in the United Kingdom

Earlier this month, the United Kingdom (“UK”) indicated that it is considering rules to require disclosure of certain climate-related risks. On July 2, the government released its Green Finance Strategy, which discusses the UK’s strategy for accomplishing its goals of net zero emissions by 2050. Among the actions discussed is a consideration of mandatory climate reporting.

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Glencore the Latest to Commit to Climate Action 100+ Initiative

Glencore PLC, the British-Swiss multinational trading and mining company, is one of the latest to commit to take steps in line with investor initiative Climate Action 100+. In what some are calling a potential tipping point in shareholder engagement on climate issues, Glencore committed to cap coal production at current levels, prioritize investment in commodities supporting low-emissions technology, and continue to disclose climate-related risks and opportunities in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

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