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Persefoni Guides
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Oct 22, 2021

FSOC Climate Change Report Reaction


The Financial Stability and Oversight Council’s report on the financial impacts of climate change is an important signal.  It is confirmation that the climate crisis poses a significant risk to our financial system at home and abroad. At a minimum, companies, governments, and other entities must enhance transparency on their climate-related liabilities and risk. But transparency must be followed by swift action to reduce greenhouse gas emissions.
We need a whole-of-government approach to ensure policymakers take the strongest possible action to address the threat climate change poses on our financial systems and, more importantly, on our life-sustaining ecosystem. We look forward to working closely with federal officials on additional steps that can be taken to help us address this urgent crisis.

Tim Mohin is the Executive Vice President and Chief Sustainability Officer for Persefoni AI. Formerly Tim served as the Chief Executive of the Global Reporting Initiative, the world's largest standards organization. He also held sustainability leadership roles with Intel, Apple, and AMD, and worked on environmental policy within the U.S. Senate and U.S. Environmental Protection Agency.

Tim Mohin
Fri Jan 15 2021

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