Companies need to calculate risks as the climate changes - Marketplace
Companies need to calculate risks as the climate changes - Marketplace
Companies need to calculate risks as the climate changes
Share Now on:
HTML EMBED:
COPY
Jeff Swensen/Getty Images
The SEC passed new rules this week requiring public companies to disclose climate-related risks to investors.
Segments From this episode
SEC adopts rule making companies disclose climate risks
The rules are softer than those initially proposed.
Giles Clarke/Getty Images
When will the Fed cut rates? Senators are likely to put Jay Powell on the spot when he testifies
He says there's likely to be a rate cut this year, but he won't say when.
Chip Somodevilla/Getty Images
The team
David Brancaccio Host
Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer
Dylan Miettinen Digital Producer
Jesson Duller Media Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC
Latest Episodes From Our Shows
8:23 AM PST
1:05
7:25 AM PST
8:18
3:04 AM PST
14:22
Mar 6, 2024
16:28
Mar 6, 2024
29:54
Mar 5, 2024
1:05
Feb 29, 2024
46:12
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”