Climate Risk Data Seen Improving As Regulators, Investors Seek Disclosure

Environmentalists and others who are pressing federal financial regulators to require corporations to disclose their climate risks say significant improvements in data and analytical capabilities are enabling clearer identification of such physical risks to corporate assets, bolstering prospects that investors and regulators are likely to demand such reporting. Michael Panfil, a senior attorney with Environmental Defense Fund (EDF), told a recent seminar that climate impacts are increasingly foreseeable with a level of specificity and precision that “is frankly astounding.” The...