Make climate risk reports mandatory for 480 FTSE firms, say investors

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Group urges UK regulators to impose measure on premium-listed companies

An influential group of investors is urging UK regulators to make climate risk reporting mandatory for nearly 500 FTSE-listed firms.

The Investment Association (IA), which represents 250 members with £8.5tn in assets, has thrown its weight behind calls for compulsory environmental disclosures, amid concerns that listed companies are not being transparent about how climate risks are influencing the way they invest and spend.

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