European Reporting Lab Project Task Force on Climate-Related Reporting (PTF-CRR) Releases New Report
The 'How To Improve Climate-Related Reporting' report prepared by the PTF-CRR, which has also been co-authored by Aurélie Faure-Schuyer of NSFM, has been looked forward to by the industry as it is the output of the first project of the European Lab on climate-related reporting, in support of the practical application needs of European corporate reporting stakeholders.
The primary focus of the PTF-CRR was on identifying good reporting practices and assessing the level of maturity in the implementation of the TCFD recommendations, while also taking into consideration the climate-related reporting elements of the EU Non-financial Reporting Directive and the related European Commission non-binding guidelines.
The project addressed two areas: a general review of climate-related disclosures (detailed findings documented in Supplement 1), and an in-depth review of scenario analysis reporting (detailed findings documented in Supplement 2). The main document outlines the key messages and synopsis of the findings, based on the content of its two supplements.
Please follow the link below to access the main report and the 2 supplemental documents;
http://www.efrag.org/Lab1?AspxAutoDetectCookieSupport=1