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New research reveals a record number of companies are identifying climate change as a risk in corporate disclosures, as global regulators push for enhanced ESG accountability
NEW YORK, June 04, 2024–(BUSINESS WIRE)–In 2023, 76.2% of the 3000 largest U.S. companies mentioned climate change as a risk in their annual financial reports, up from 68.2% a year prior. This is according to the new Diligent Market Intelligence: ESG Engagements in 2024 report from Diligent.
Featuring insights from Glass Lewis and Clarity AI, the report examines how companies can best prepare for new climate-related reporting standards, as well as the rise of workers’ rights activism and nature-related engagements.
“Regulatory developments are revolutionizing how companies globally are held accountable for their ESG policies and practices,” said Josh Black, Editor-in-Chief of Diligent Market Intelligence. “Given the increasing focus on director accountability for ESG, it’s important for leaders to be proactive in addressing ESG-related risks and opportunities.”
Read the full post at Google News.
