Financial disclosures on climate change lack clarity
As climate change pushes to the top of the agenda, more businesses are including climate-related information in their financial disclosures, but are still failing to provide sufficient clarity for investors.
The last status report from the Task Force on Climate-related Financial Disclosures (TCFD), which reports to the Financial Stability Board (FSB), provides an overview of disclosure practices between 2016 and 2018. The taskforce reviewed financial filings, annual reports, integrated reports, and sustainability reports.
Read more at Accountancy Daily.