Challenges for a climate risk disclosure mandate

The United States and other G7 countries are considering a framework for mandatory climate risk disclosure by companies. However, unless a globally acceptable hybrid corporate governance model can be forged to address the disparities among different countries' governance systems, the proposed framework may not succeed.

Automated summary

For the mandatory climate risk disclosure framework to succeed, a globally acceptable hybrid corporate governance model needs to be established to address the disparities among different countries' governance systems.