climate risks

Risky Business

Risky Business

Last week, the Institute for Energy Economics and Financial Analysis issued a report criticizing BlackRock, the world’s largest fund, for making bad bets on the fossil fuel industry that cost the firm billions of dollars.  What I found significant was less the plight of Blackstone’s shareholders than the fact that the energy firms weren’t doing …

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The Corporate Side of Climate Change

I was surprised a few years ago when one of the speakers at a conference on climate change turned out to be a lead partner at a Wall Street law firm who counseled corporations about disclosure of climate risks.  He may have been just a few years ahead of the curve. According to E&E News, …

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