Published 04-16-18
Issued by Bloomberg
Bloomberg's 2017 Impact Report integrates for the first time the recommendations of the FSB Task Force on Climate-related Financial Disclosures (TCFD). A dedicated section on climate -related scenario analysis explores Bloomberg's business strategy under a 2° or less Celsius scenario and under a scenario in which no concerted action is taken to mitigate climate change.
Bloomberg's 2017 Impact Report integrates for the first time the recommendations of the FSB Task Force on Climate-related Financial Disclosures (TCFD). A dedicated section on climate -related scenario analysis explores Bloomberg's business strategy under a 2° or less Celsius scenario and under a scenario in which no concerted action is taken to mitigate climate change.
Additionally, our annual report highlights Bloomberg's business approach to sustainability, which has resulted in more than 100 million USD in operational cost avoidance over the past decade and the integration of sustainable finance considerations into our products and services. The report also features an introductory letter by Mike Bloomberg and a series of case studies demonstrating how sustainability is integrated throughout the firm.
“At Bloomberg we have been a long believer that sustainable business is good business and our Impact Report continues to emphasize how we are proving the business case for sustainability,” said Curtis Ravenel, Global Head of Sustainable Business & Finance at Bloomberg. “More disclosure on how companies will be affected by climate change will help investors make more informed decisions. We've led the work on TCFD and set an example by adopting the TCFD recommendations in our Impact Report.”
Highlights from the 2017 Impact Report include:
Product
Operations
People
The Bloomberg Impact Report has been third party verified, and is in accordance with GRI (Global Reporting Initiative) and SASB (Sustainability Accounting Standards Board) frameworks.
A downloadable PDF version of the Impact Report, which includes 2017 highlights, is available at www.bloomberg.com/impact. More in-depth content and additional data across Bloomberg's product, operations, and people categories, including our GRI and SASB frameworks, and other supplemental information can also be found on the website.
Contact
Veronika Henze
Bloomberg LP
+1-646-324-1596
vhenze@bloomberg.net
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