Climate Disclosure Standards Board – Europe’s largest listed companies falling short in environmental and climate-related disclosures

Posted by

CDSB reviewed the 2019 environmental and climate-related disclosures of Europe’s 50 largest listed companies with a combined market capitalisation of US$4.3 trillion.

CDSB notes, that white there has been some improvement in disclosures, they still lack the necessary metrics for investors to assess performance.

The review found that 42% of the companies surveyed omitted potentially material environmental or climate-related information.

The most commonly identified strength and weakness categories are shown below:

Strengths

Weaknesses

1.

KPIs

1.

Principal risks

2.

Policies and due diligence

2.

TCFD

3.

Business model

3.

Materiality process

 

Read the report here…

Leave a Reply