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The Monitor's View Company transparency on climate change

A global body will soon come up with a standard for how companies can reveal the risks of climate change on their business. For now, such ‘sustainability’ accounting rules should remain voluntary.

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The world’s wealthiest countries, known as the Group of 20, largely set any new rules for the global financial system. And because they also account for 85 percent of carbon emissions, they might also soon set another kind of standard: how companies should disclose information about the impact of climate change on their businesses.

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