威力彩玩法

The German Environment Agency (UBA)听聽at the EU level. A recent study commissioned by the UBA shows that while聽German companies聽are聽increasingly reporting聽on climate, water, resources and waste, significant gaps remain, with only about聽20 percent disclosing聽information on air pollution and biodiversity.聽The聽identified gaps are often due to insufficient legal provisions, the UBA 苍辞迟别蝉.听

鈥淲e urgently need meaningful and standardised sustainability information from European companies,鈥� said UBA president聽Dirk Messner. 鈥淥nly with a significant increase in transparency鈥� can聽the financial market use its leverage聽to help聽transform聽the聽economy, he added.聽鈥淭his is what the amendment of the Non-Financial Reporting Directive, recently initiated by the European Commission, needs to accomplish.鈥澛燙urrent聽legal聽reporting聽requirements are too vague, resulting in 鈥渁n incomplete picture of business reality,鈥澛燤essner said.

Climate change is the main environmental topic German companies disclose information on in聽required聽non-financial statements, according to the UBA.聽Around 80 percent of companies reported on climate for 2019, and more than half of those also provided information on climate targets. By contrast, less than 60 percent provided information on resources and waste, slightly more than half on water and less than 20 percent on air and biodiversity. The German government聽aims to make Germany聽a global leader in sustainable finance聽with a new strategy, which also seeks to strengthen non-financial reporting requirements for companies.