THURSDAY, 07/09/2023 - Scope ESG Analysis GmbH

The Wide Angle: Mandatory sustainability disclosure should not run ahead of corporate reality

The EU is in the vanguard of the global push to achieve net-zero by 2050. It has achieved this position while reining in excessive political zeal around climate change. Mandatory disclosure should not run too far ahead of on-the-ground corporate realities

Companies do need to re-think business-as-usual in their quest to comply with onerous disclosure requirements while they strive to meet their own sustainability targets. But if the disclosure rules are not realistically achievable, no-one gains. There is no point in letting political and regulatory ambition front-run corporate or investor realities.

Achieving a balance between disclosure that is realistically achievable and politically acceptable while meeting net-zero goals is vital.

Read the full The Wide Angle report here.