A Market-Driven Approach to Change: Climate Disclosure Explained

The last few months have seen a dramatic uptick in the number of companies voluntarily telling the world how much carbon they emit and how they plan to deal with a changing climate.

The shift started happening long before President Joe Biden took office, but his firm stance on climate change is providing a boost to investor-grade disclosure. Those dynamics have caught the attention of the nation’s CEOs, who are swiftly climbing on board even though they don’t legally have to.

So what’s the goal of these disclosures—voluntary or not—and what role do they play in actually tackling climate change? ...