Carbon emission disclosures are voluntary but can pay off when disaster comes calling
(File) In this satellite view, the Fukushima Dai-ichi Nuclear Power plant after a massive earthquake and subsequent tsunami on March 14, 2011 in Futaba, Japan.
Image: DigitalGlobe via Getty Images via Getty Images
In March 2011, the Tohoku earthquake and tsunami in Japan led to catastrophic meltdown at the Fukushima Daiichi nuclear plant, with long-lasting economic, ecological and social effects — indeed, plans to release treated wastewater were causing conflict with China in the summer of 2023.
[This article has been reproduced with permission from IESE Business School. www.iese.edu/ Views expressed are personal.]