LAPFF supports shareholder position paper calling for improved climate risk reporting

LAPFF supports shareholder position paper calling for improved climate risk reporting

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LAPFF supports shareholder position paper calling for improved climate risk reporting

In May 2016, LAPFF signed a shareholder position paper on climate risk reporting. This paper calls on companies to assess and report their climate-related risks within their annual report to shareholders, in the interests of prudent and long-term capital stewardship. In many jurisdictions, to do so is already a requirement for listed companies, but this paper sets out why companies and regulators need to be do more to ensure that such requirements are properly implemented.