Article summary
Client Earth, the environmental charity, has published a report on climate change-related reporting by top listed companies in the UK. The report, which examined the most recent annual reports for the all FTSE 100 companies and the largest 150 companies on the FTSE 250, concludes that the majority of companies are ‘woefully inadequate’ at disclosing how climate change will affect their business, and that many may be potentially breaching the law. Among some of the charity’s recommendations to address concerns are ensuring that law reform levels the playing field and meets investor expectations, strong enforcement to eliminate ‘greenwash’ and investors playing a role in driving accountability.
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