Investors Eye Broader Scrutiny Of Corporate Climate Change Risks

Investors are ramping up pressure on U.S. and foreign corporations to analyze the physical risks global warming poses to their assets, broadening an earlier focus on major corporations' future environmental compliance costs to include other economic risks a variety of companies face, according to sources with investor groups active on the issue. The evolving focus on physical risk, including extreme weather events and other effects of warming, comes as corporate disclosure of climate-related risks in securities filings remains an exception...