Wellington Management and Woodwell Climate Research Center launch P-ROCC 2.0 Encouraging Companies to Disclose the Physical Location of Assets and Operations to Help Investors Better Assess Climate Risks
Retrieved on:
Thursday, June 10, 2021
P-ROCC 2.0 introduces the addition of disclosing the location of physical assets associated with company operations, a crucial step to better integrate climate considerations into investment decision-making processes.
Key Points:
- P-ROCC 2.0 introduces the addition of disclosing the location of physical assets associated with company operations, a crucial step to better integrate climate considerations into investment decision-making processes.
- This relatively simple, yet all-too-often absent or incomplete information, will provide investors and other stakeholders with greater understanding of a companys climate risks.
- Progress on this front will also help address existing and pending regulatory expectations, and, ultimately, assist with resilience planning associated with climate change.
- About Woodwell Climate Research Center:
Woodwell Climate Research Center is an organization of renowned researchers who work with a worldwide network of partners to understand and combat climate change.