Climate risks should be reported under existing rules

Climate risks should be reported under existing rules

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The disconnect between existing company reporting rules and the lack of disclosure of climate risks needs to be urgently addressed. The undersigned investors call on all companies to assess and report any material climate-related risks within their annual report to shareholders. This is a prerequisite for prudent and long-term capital stewardship. It is also a requirement for listed companies in most jurisdictions. It is time companies and their regulators ensured these rules were being properly implemented.

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