“Their current financial statements don’t truly take climate risk into account,” said Danielle Fugere, president of the shareholder advocacy group As You Sow. “They are looking at significant growth of fossil fuel assets and fossil fuel demand over the next two or three decades. What happens to your business if we are successful in meeting the net-zero goals that we set in Paris? How many write- offs are there? What happens to your asset retirement obligations?” Read More →
