British companies, pension funds may have to report climate risks

Britain last week became the first G7 country to sign into law a requirement to reach net zero emissions by 2050 and the green finance strategy, published on Tuesday, sets out plans to increase investment in sustainable projects and infrastructure. The government paper builds on disclosure on climate risks set out by the G20 Task Force on Climate-related Financial Disclosures. The government report said the financial sector needed be at the heart of changes required to meet the net zero emissions...