Quality of reporting on climate risks by German companies must increase – consultancy
EY
While many German companies have recognised the need for more transparency and other changes in measuring climate risks, the quality of reporting on the topic is not high enough, writes the consultancy Ernst & Young (EY). In a report, EY examined how well companies followed the recommendations on the voluntary disclosure of climate-related financial risks by corporations, which the industry-led Task Force on Climate-related Financial Disclosures (TCFD) had published in 2017.
Find the study in German here.
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