The State of Climate Disclosure and Governance 2023

The State of Climate Disclosure and Governance 2023

Society for Corporate Governance

In response to growing concerns about climate change's impact, there has been a significant surge in stakeholders' interest and expectations concerning corporate climate and environmental disclosure and governance. This interest extends beyond environmentalists to encompass mainstream investors, customers, regulators, and more. A joint report by the Society for Corporate Governance and Persefoni delves into how companies and boards are addressing these evolving pressures.

The report, based on a May 2023 survey of Society members, highlights key insights, including:

  • 90% have controls and procedures to track, monitor, and report on climate and/or environmental metrics.
  • 60% reported they receive limited assurance and 6% reasonable assurance.
  • 63% reported the nominating/governance board committee has primary oversight over climate and environmental issues.

Download the report to access all the survey findings.

Download the free report.

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