Disclosing Climate-Related Risks: Current and Future Prospects
This policy brief draws upon the issue of climate-related risks (CRR)
for the private sector, and the approaches firms adopt to disclose their
exposure in transitioning towards a low-carbon economy. Specifically,
it illustrates the recent developments in the field of climate-related
financial disclosure, provided by the Financial Stability Board (FSB).
Further, it outlines the findings of FEEM’s DeRisk-CO report
(Disclosure, Measurement, Management and Mitigation of Climate Change
Risks for Companies), to give an example of how some major Italian
companies are operating in this field.