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Bloomberg Tax: SEC climate plan leaves open path to use global green standards

 

Alan Jagolinzer, Professor of Financial Accounting and Director of the Centre for Financial Reporting & Accountability (CFRA) at Cambridge Judge Business School, said demand for more in-depth reporting standards will mount along with the risks of climate change, and with it the need for a separate entity to set those reporting standards.

“We’re all trying to figure out what actions are required, what measurements can we do and get trust around, and how do we report that. Having multiple entities trying to think through these questions is important.” Alan said.

Read the full article [Bloombergtax.com]