113 Fulton Street, Suite 721
New York, NY 10010
youremail@yourdomain.com
+88 (0) 101 0000 000

Environmental Risk: How to Become More Transparent with Reporting

Environmental risk and if – or how – it should be reported is a topic of much discussion lately. Investors, customers, employees, regulators, and other stakeholders are demanding greater transparency and accountability from companies. Yet there is no clear standard on how to report sustainability, climate change, energy usage, pollution outputs, water management, and other impacts on the planet.

How at risk are you? And what should you do about it?

New Mandates on the Horizon

Most ESG reporting – including environmental risk – is currently voluntary. However, that does not mean that you should sit back and wait for the world to come to a consensus on what to measure and how to do it.

Indeed, mandatory disclosures of environmental risk is coming ever closer to reality. The EU is leading the way with its proposed Corporate Sustainability Reporting Directive, which mandates that companies follow new EU sustainability reporting standards currently under development. If adopted, companies would likely need to begin reporting accordingly in 2024.

Meantime, Germany has taken a stand with its new corporate due diligence act that requires companies to identify supply-chain risks associated with human-rights violations and environmental destruction and to establish an effective system for managing those risks.

Stateside, the Securities and Exchange Commission is currently formulating a proposal to require public companies to disclose climate change-related risks to investors in regulatory filings like annual reports.

Bottom line is that there is no shortage of regulatory activity related to sustainability. The question isn’t if regulation is coming; it’s when it will arrive. Governments and investors are turning up the pressure on companies to be more transparent – and more accountable for their actions.

Companies that don’t step up and share information about their environmental impact could be jeopardizing their brand, reputation, market position, and access to capital.

4 thoughts on “Environmental Risk: How to Become More Transparent with Reporting

  1. admin

    Minnow arrowtooth eel darter Atlantic herring southern sandfish. Vimba, zebrafish yellow and black triplefin guitarfish Redfin perch tripod fish zebra lionfish, nase slickhead! Jewelfish angler Devario gray reef shark forehead brooder. Pike conger alewife sand lance orange roughy danio straptail jawfish.Minnow arrowtooth eel darter Atlantic herring southern sandfish.

  2. admin

    This has led us to assemble a multi-talented group that can do just about anything: from building sets to photographing food, crafting websites to developing apps, beautiful design to adventure cinematography. Designers, engineers, creatives,

  3. admin

    Blacksmelt, tripod fish grunt mackerel vendace surfperch carpsucker surgeonfish streamer fish boga deepwater stingray. Spaghetti eel crocodile icefish lake trout.

  4. This has led us to assemble a multi-talented group that can do just about anything: from building sets to photographing food, crafting websites to developing apps, beautiful design to adventure cinematography. Designers, engineers, creatives,

Leave a Reply

Your email address will not be published.