Climate Change and Related Disclosures

Governments around the globe are taking action to address the causes of climate change. This includes instituting carbon taxes, regulating emissions reduction targets and introducing emissions trading systems. The Canadian Institute of Chartered Accountants (CICA) has issued a document pointing out that, at the company level, climate change is a business and shareholder value issue involving strategy, risk management and financial performance. (View the CICA executive briefing on Climate Change and Related Disclosures.)