- link Copy Url - [ Share on twitter ](https://twitter.com/intent/tweet?text=Bloomberg Unveils Crack Team to Assess Global Climate Risk https://www.3blmedia.com/markdownify/node/65968?absolute=1&via=3blnews "link to 3 B L Media's Twitter") - [ Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/65968?absolute=1 "link to 3 B L Media's Linkedin") - [ Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/65968?absolute=1 "link to 3 B L Media's Facebook") - [ email Share via email ](mailto:?subject=Bloomberg Unveils Crack Team to Assess Global Climate Risk&body=ESG News from Bloomberg https://www.3blmedia.com/markdownify/node/65968?absolute=1 "Share via email") [Responsible Business & Employee Engagement](/CSR-News/responsible-business-employee-engagement) # Bloomberg Unveils Crack Team to Assess Global Climate Risk Jan 21, 2016 2:30 PM ET Campaign: [Bloomberg: Sustainable Finance](/news/campaign/bloomberg-sustainable-finance) Originally posted on [climatechangenews.com](http://www.climatechangenews.com/2016/01/21/bloomberg-unveils-crack-team-to-assess-global-climate-risk/) **Fossil fuel companies are coming under increased pressure to disclose how global climate goals could hit their business.** At the World Economic Forum on Thursday, Michael Bloomberg unveiled his line-up for a [climate risk disclosure task force](http://www.fsb-tcfd.org/). The former New York mayor was chosen last month to head the Financial Stability Board (FSB) initiative. Top executives from Brazilian bank Bradesco, commodities giant Unilever, French insurer Axa and the Singapore Exchange were named in Davos as vice chairs. They brought an “essential” breadth of experience, said Bloomberg. “Managing climate-related risk is increasingly critical to financial stability, but it can’t be done without effective disclosure. “The recommendations from the task force will increase transparency and help to make markets more efficient, and economies more stable and resilient.” Read the full article [here](http://www.climatechangenews.com/2016/01/21/bloomberg-unveils-crack-team-to-assess-global-climate-risk/). [![](/sites/default/files/Clients/updatedlogoBBGBlck.png)](/profiles/bloomberg) ### More from Bloomberg ###### [Companies With Gender Diverse Boards Deliver 2–5% Higher Annual Returns Than Companies With Fewer Women, Finds Bloomberg Intelligence](/news/companies-gender-diverse-boards-deliver-2-5-higher-annual-returns-companies-fewer-women-finds) Oct 23, 2024 9:30 AM ET ###### [Bloomberg Named a Leader in Climate Financial Data and Analytics in Report by Independent Research Firm](/news/bloomberg-named-leader-climate-financial-data-and-analytics-report-independent-research-firm) Oct 22, 2024 9:00 AM ET ###### [Bloomberg Launches Solution to Help Investors Assess Their Exposure to Nature and Biodiversity-Related Risks](/news/bloomberg-launches-solution-help-investors-assess-their-exposure-nature-and-biodiversity) Oct 18, 2024 1:30 PM ET ###### [Public Research for Climate Action](/news/public-research-climate-action) Sep 26, 2024 4:00 PM ET ###### [Bloomberg Expands Climate Solutions To Enhance Corporate Transition Risk Assessments and Help Firms Align Portfolios With Their Net Zero Targets](/news/bloomberg-expands-climate-solutions-enhance-corporate-transition-risk-assessments-and-help) Sep 20, 2024 3:30 PM ET ###### [EDP Renewables to Supply Clean Electricity to Bloomberg in Innovative Long-Term Contract](/news/edp-renewables-supply-clean-electricity-bloomberg-innovative-long-term-contract) Sep 13, 2024 11:30 AM ET ###### [Bloomberg Named a Leader in ESG Data and Analytics in Report by Independent Research Firm](/news/bloomberg-named-leader-esg-data-and-analytics-report-independent-research-firm) Aug 19, 2024 6:15 PM ET ###### [Net-Zero Window Closing but Still Time To Get on Track](/news/net-zero-window-closing-still-time-get-track) Aug 8, 2024 9:00 AM ET