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European Companies Improve on Environmental Disclosures – ISS

New research by ISS Corporate Solutions has noted a 45% increase in the disclosure of environmental metrics in 2022 compared to 12 months before, followed by a 36% increase in disclosures involving social policies and programmes. ‘ESG Disclosure Trends in Europe: Climate, Labor Lead Improvements’ said disclosures relating to carbon and climate showed the greatest improvement amongst environmental themes at 43%, followed by waste and toxicity (30%). Further, metrics, risk assessments and strategy, and targets made up almost three-quarters of the overall changes in environmental disclosures, ISS Corporate Solutions noted. The report said: “Stakeholders are pressing companies in Europe and other regions to reduce their negative environmental impacts and drastically improve their transparency and accountability. European companies are also preparing themselves for more stringent regulations being developed on both the national and international level.” Across social metrics, labour and health and safety showed the greatest improvement at 34%.

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