观点气候变化

Treat climate change as a systemic risk to global finance

The writer is a partner at Arnold & Porter

We are in the midst of a corporate governance pivot from short term stockholder returns towards stakeholder capitalism that values the interests of employees, the environment, customers and the world at large.

But we must ensure that environmental, social and governance priorities are built into corporate decision-making in a way that is consistent with the fiduciary duties of directors to protect investors’ interests. And how do we measure progress?

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