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Last evening, Heidi Welsh, ’88, spoke to Carleton students, faculty, and Northfield residents about climate change and corporate responsibility. Welsh, a research analyst with RiskMetrics, deals with analyzing corporate performance in environmental and social responsibility based upon on numerous indicators of success.
During her talk, Welsh stressed the fact that much of the analysis her group does is based upon voluntary reporting by companies, a system which favors the “good actors” and leaves bad ones in the shadows. Without a proper reporting scheme instituted by the government, she noted, corporations will lack the motivation to track and mitigate their climate impacts in a significant way.
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