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Financial watchdog chases big firms over climate risk

Tuesday 18 Sep 18 10:00am

 

BUDGET AIRLINE EasyJet and three other major companies have been reported to the UK’s Financial Reporting Council for failing to adequately report to shareholders on their climate change exposure.

The action is being taken by the environmental law firm ClientEarth, which says that while the companies all acknowledge their greenhouse gas emissions and are trying to reduce them, none were clearly confronting the risks climate change poses to their businesses.

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