Study finds firms are delivering the minimum required under existing EU directive, with only 14% reporting how they align targets with the Paris Agreement goals.
There’s a lot of sustainability reporting going on in companies across Europe, but the quality is not very good.
That’s the message from a campaign group, The Alliance for Corporate Transparency (ACT), after looking at the disclosures of 1,000 companies.
The research, which looked at reporting against the EU’s Non-Financial Reporting Directive, found that less than a quarter—22%—of the companies presented sustainability indicators in summary form, in stark contrast to the way financial metrics are displayed.
The research also found that only 14% of companies report on how they align their climate-change targets with the Par
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