Only 3 in 10 among Europe's 50 largest companies fully disclose the #environmental and #climate-related aspects of their business model. 1/8pic.twitter.com/SgROXTDw4X
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Only 3 in 10 among Europe's 50 largest companies fully disclose the #environmental and #climate-related aspects of their business model. 1/8pic.twitter.com/SgROXTDw4X
Policies and due diligence: Companies demonstrated confusion over key terms from the #NFR Directive and often failed to provide context-specific information on their policies and processes 2/8pic.twitter.com/MvI8SIqhJH
All companies reviewed by #CDSB reported some types of outcomes, however, variations in disclosure format limit the comparability of information, both between companies and over time. Read the report here: https://www.cdsb.net/fallingshort 3/8pic.twitter.com/AYqBdLuDpT
Principal risks: 9 in 10 disclosed their principal and #climate-related risks, but 1 in 5 disclosed no related operational, strategic or financial impacts. 4/8pic.twitter.com/12bI1ljCuV
Out of the 50 largest publicly-traded companies in Europe less than 1 in 3 reported metrics directly linking environmental and financial activities and performance. 5/8pic.twitter.com/iT0INzmc81
While companies in the financial and energy sectors showed progress in aligning to the @FSB_TCFD, few disclosed their overall resilience to different #climate scenarios. 6/8pic.twitter.com/FHmw1i0G4Y
1 in 3 companies failed to clarify how the #materiality of #environmental and #climate-related information in the mainstream report had been determined. 7/8pic.twitter.com/jOIgVGHBAe
4 in 5 companies included their non-financial statement in their mainstream report. Download #CDSB's latest review of the 50 largest companies in Europe to learn more about environmental and climate-related disclosure under the NFR Directive https://www.cdsb.net/fallingshort pic.twitter.com/qNPt8DzYnI
ICYMI The recommendations for companies in Europe to enhance their environmental and climate-related disclosure based on the findings of #CDSB's "Falling short" report
Download the report: https://buff.ly/3bFLF4s
Watch the event: https://buff.ly/3dhEiBW
#NFRD #EU #NatCapActionpic.twitter.com/EzWczB7K48
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