Climate risk assessments misused in financial reports leaving investors exposed, study warns

A report out this morning warns that critical financial information sometimes blurred in climate change risk models could expose businesses and consumers to major risks. 

The paper published in the journal Nature Climate Change says methodologies used in risk assessments can often be clouded in corporate "black boxes" or "commercial in confidence" agreements where information could be misconstrued. 

ABC's Peter Ryan speaks with Dr Tanya Fiedler of the University of Sydney Business School who says says company boards and top executives need to do a better job in disclosing climate change risk.