Environmental risks!

But now comes the most worrisome of all the findings of the Ceres survey. Analysts forecast that the impact on investors is going to be disastrous, especially for the long term ones, as most of the companies still do not provide any kind of climate risk disclosure to their investors, clearly ignoring the investors’ right to know the environmental risks attached with the company they are investing in. Astoundingly, nearly one third of the respondents of the Ceres survey did not even allow their responses to be made public. Unless global regulators make the inclusion of such details as mandatory, and unless such clear double-speak (of hiding details of environmental risks) invites legal action, Enron could well be the most ethical firm this side of the 21st century!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

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