Published: September 27, 2021
In a bid to prevent greenwashing, climate-related disclosures are becoming mandatory for UK businesses, with similar rules coming into force all around the world.
With the COP26 climate summit just around the corner, the private finance sector is keen to showcase its commitment to sustainability, and corporates of every stripe are highlighting their climate-friendly credentials. The big question is whether this is anything more than greenwashing. Are companies taking meaningful action, or are their claims just corporate spin, and how can investors tell the difference?
It’s a question that countries are looking to answer with the introduction of mandatory climate-related disclosures. Following a string of announcements from governments, climate reporting is shaping up to be a big topic at COP26.