Putting the world’s biggest companies on the hook for global warming

Environmentalists have spent decades warning about the potentially irreversible impact of climate change.

But for the financial world, anticipating the impact of global warming on the bottom line is a relatively new trend.

And that’s starting to make some investors who stand to lose money take action.

Now some of the world’s leading central banks and financial institutions are hoping to leverage this growing concern to put the biggest companies on the hook for protecting the environment.