Global Climate Change and Sustainability Financial Reporting: An Unstoppable Force with or without Trump

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Posted by Linda M. Lowson, Global ESG Regulatory Academy, on Sunday, April 30, 2017

Editor’s Note: Linda M. Lowson is Chief Executive Officer of the Global ESG Regulatory Academy and Editor-in-Chief of an ABA special publication on Climate Change and Sustainability Financial Reporting. This post is based on a recent publication by Ms. Lowson. Additional posts addressing legal and financial implications of the Trump administration are available here.

Climate Change and Sustainability Financial Reporting (CCSFR) is a complex, swiftly evolving, and now crucial area for issuers and capital providers globally. It has arrived front-and-center in global capital markets with the entrance of G20/Financial Stability Board (FSB) oversight. The Trump Administration’s resolute efforts to retract, revoke, or otherwise invalidate the climate protection progress made by the Obama Administration, as well as Trump Executive Orders aimed at scaling back financial regulation, will not diminish or derail the global tidal wave of investor demand for “full and fair” CCSFR, nor will Trump Administration actions alter or impede the seismic shift of global governmental support for this disclosure.

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April 30, 2017 at 06:15PM

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