The road ahead: Romanian companies need to make swift and sustained steps to catch up with worldwide leaders on corporate responsibility reporting

Almost three quarters (72 percent) of large and mid-cap companies worldwide do not acknowledge the financial risks of climate change in their annual financial reports, according to the KPMG Survey of Corporate Responsibility Reporting 2017 published last week. Of the minority that do acknowledge climate-related risk, less than one in 20 (4 percent) provides investors with analysis of the potential business value at ...

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