 Best-Practice IR is About Being at the ForefrontPoul Lykkesfeldt () and Laurits Louis Kjaergaard () Chapter Chapter 40 in Investor Relations and ESG Reporting in a Regulatory Perspective, 2022, pp 315-320 from Springer Abstract: Abstract ESG reporting is more profound than a side project and must be inherently integrated in the company’s managerial level and general approach to doing business. In this chapter, we outline how the world is lagging behind the SDGs, the Paris climate agreement’s goal of carbon neutrality by 2050 remains ambitious and greenwashing, and window dressing remains challenging to combat. Compared to the Paris climate agreement’s “well below” 2 degrees Celsius target by 2030, the climate action tracker currently estimates 2.7 degrees Celsius with current policies. If the target of 55% emission reduction by 2030 is achieved, then 2.4 degrees Celsius is more realistic and optimistically 2.1 degrees Celsius if all submitted targets are met. This is a major challenge for the world that requires action from all stakeholders—and we discuss how a company should not fear the future of sustainability, but embrace it. Keywords: Paris agreement; Carbon neutrality; 2 degrees Celsius; Consumer activism; Reporting digitalisation; ESAP; MiFID III; ESG labelling; Climate committee (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-05800-4_40 Ordering information: This item can be ordered from DOI: 10.1007/978-3-031-05800-4_40 Access Statistics for this chapter More chapters in Springer Books from Springer |
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