Institutional Investors’ Views and Preferences on Climate Risk Disclosure
Preprint
- 14 August 2019
- preprint
- Published by Elsevier BV in SSRN Electronic Journal
Abstract
Information on the climate risk exposure of firms is important for investors’ investment decisions, the efficient pricing of the risks and opportunities related to climate change, and financial stability. We survey institutional investors on firms’ climate risk disclosures. Many investors believe climate risk reporting to be as important as traditional financial reporting and that it should be mandatory and more standardized. However, they also view current quantitative and qualitative disclosure on climate risks as being insufficient and imprecise. The belief that current climate-related disclosure is deficient derives more from investors that believe climate risks are underpriced in equity markets.This publication has 27 references indexed in Scilit:
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