Climate Change: Risks, Opportunities and Disclosure from a Corporate Perspective
Climate change is currently recognized as an important and complex challenge in the economy and is expected to affect global financial assets, the valuation of financial assets and the stability of financial systems. Companies play a major part in the realisation of climate targets; on the other hand, many face significant climate risks. Hence it becomes a necessity to incorporate climate-related risks in their risk management procedures and their external reporting. However, reporting on climate-related risks and opportunities and especially their impact on financial statements is still in its infancy as companies struggle to follow the Task Force on Climate-related Financial Disclosure recommendations and define the interrelation between nonfinancial and financial performance. The aim of the current research is to increase knowledge regarding a set of recommendations have been published in the international arena with the aim of equipping companies with adequate tools for mitigating the implications of environmental externalities for financial activities. In addition to the current research has taken a brief look at the risks and opportunities of climate change and its disclosure.
- حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران میشود.
- پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانههای چاپی و دیجیتال را به کاربر نمیدهد.