CDSB calls for regulatory change following its latest review of European corporate environmental disclosures

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Dec 11, 2020

On December 11, 2020, the latest report released by the Climate Disclosure Standards Board (CDSB), “The state of EU environmental disclosures in 2020”, analyzes the strengths and weaknesses of disclosure among the 50 largest companies in the European Union under the EU Non-Financial Reporting Directive.

Companies reviewed showed progress in the completeness and quality of greenhouse gas emissions and business model disclosures, however the top strengths and weaknesses remain unchanged.

CDSB’s report concludes that investors’ ability to integrate information disclosed under the EU’s rules into their decision-making is inherently limited without further improvements to the Non-Financial Reporting Directive on TCFD, risk and materiality.

Please click to access the publication through the press release on the CDSB website.

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