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European Reporting Lab issues report on climate-related disclosures

  • European Union Image
  • EFRAG (European Financial Reporting Advisory Group) (dk green) Image

Feb 06, 2020

On February 6, 2020, the European Lab Project Task Force on Climate-related Reporting issued, "How to improve climate-related reporting — A summary of good practices from Europe and beyond".

The report provides an analysis of the current state of climate-related reporting of approximately 150 European companies and focuses on “identifying good reporting practices and assessing the level of maturity in the implementation of the TCFD recommendations, while also taking into consideration the climate-related reporting elements of the NFRD and the related non-binding Guidelines on non-financial reporting and Guidelines on reporting climate-related information.” In additional, the European Lab Project Task Force has issued two supplement documents which complement the report with detailed findings and in-depth review of scenario analysis reporting.

Review the press release on the EFRAG’s Web site as well as this page offering access to the three documents.

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