Building the credibility of climate reporting

The challenge: Sources of mistrust in climate reporting

From finance to civil society, there is a level of scepticism about corporate reporting on climate change today. To draw attention to the specific challenges, we have launched a series of briefings that explore the most significant issues. Our intention is to support businesses, leaders and policy makers to understand the sources of the mistrust – and therefore what can be done about them.

How our work in Audit and Risk can help build trust

Audits help provide investors with confidence in the accuracy of a company’s financial statements. With climate change, this can include ensuring that a business’ commitment to reach net zero is consistent with the assumptions and valuations in the accounts. Our Head of Audit Hemione Hudson sets out our belief that auditors have a critical role to play in protecting our planet.

Our Risk practice helps provide stakeholders with comfort in the accuracy of a company’s non-financial reporting, such as their disclosure about the level of greenhouse gas emissions – or their reporting through the framework of the Taskforce for Climate-Related Financial Disclosures. It’s something we believe will only increase in the coming months - here are 5 questions you should be asking now.