Lack of standards inhibits consistent, comparable disclosure, regulators find
Few companies fully reporting voluntarily, mandatory standards scarce
Regulators' reviews lead to more enforcement, refiling action
Large companies, financial institutions to start climate-related financial disclosures in 2025
Standards setter defines its policy direction beyond climate disclosures
Regulators cite data gaps, lack of standards, pervasive risks as obstacles
Regulators provide feedback to assurance standards setters
Regulators to marry changes to disclosure rules with electronic access
The aim is informed capital allocation decisions
The organization is calling on regulators around the world to consider adopting the standards