Climate risk, be it physical risk from climate impacts or financial risks associated with the transition to a low-carbon economy, poses a systemic threat to the US and global economy. Corporate America, particularly the fossil fuel industry, is both contributing to climate risks and facing climate risks—which seems like a paradox the industry should pay closer attention to. The accurate and comparable disclosure of climate risks is a necessary first step in the swift and deep decarbonization that is necessary to avoid the worst impacts of climate change. Disclosure on its own is not enough, as there is no silver bullet to eliminate climate risk, but disclosure is a vital part of a necessary climate package. And disclosure has real-world positive impacts for communities, investors, and the everyday person. Read more >