This green paper offers a unique, insider view on how CFOs and their finance and accounting teams – at companies of diverse sizes, geographies, and industries – are progressing on identifying, assessing, and managing business risks related to climate change. The key points include:
- Implications of jurisdictions moving from a voluntary to a mandatory disclosure system
- Factors influencing information quality including CFO leadership
- Usefulness of information to addresses real business risks and opportunities
The goals of this report are (1) to contribute to the understanding of regulators, standard setters, policy makers, and senior executive teams on current responses to climate change and identify the opportunities in which businesses can move forward from risk identification to mature activities such as assessment, mitigation, and management and (2) invite other thought leaders to further study the perspectives of corporate professionals at organizations of diversified sizes, including private companies and SMEs.