Adrian JohnsonTLDR:
– Climate Accounting and Auditing will conduct assessments of Climate Action 100+ member companies’ financial statements to evaluate their alignment with climate goals.
– The assessments will focus on sectors such as oil and gas, electric utilities, and automotive to determine the companies’ progress in transitioning to a low-carbon future.
Climate Accounting and Auditing, a research provider, will conduct assessments of Climate Action 100+ member companies in 2023 to evaluate their alignment with climate goals. Climate Action 100+ is an initiative that brings together investors focused on pressuring companies to take action on climate change. The assessments will focus on sectors such as oil and gas, electric utilities, and automotive to determine the companies’ progress in transitioning to a low-carbon future. The goal is to provide investors with more information to make informed decisions about the companies in which they invest. The assessments will examine the companies’ financial statements and related information to evaluate their exposure to climate risks and their strategies for managing those risks. The assessments will also consider the companies’ progress in reducing their carbon emissions and transitioning towards more sustainable business practices. Climate Accounting and Auditing’s assessments will provide investors with valuable information to help them assess the companies’ performance and determine if they are effectively managing climate
