Disclosure of environmental risk is crucial, report says

02/19/2013 | Business Insurance (tiered subscription model)

The financial fallout from environmental, social and governance events can reverberate widely amid today's uncertain conditions, causing serious problems not just for the company involved, but for an entire industry, according to a Deloitte report. "For these reasons, ESG disclosure is valuable because it helps a company demonstrate that it is managing its risks and has a track record of paying attention to its ESG performance," according to the report.

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