On the sidelines at COP27, there is growing concern about the lack of uniform standards for climate-related corporate disclosures.
At the UN COP27 climate summit at Sharm el-Sheikh in Egypt, a broad mix of people have gathered from the world of finance, including big companies, financial regulators, consultants and industry bodies, in addition to the predictable lot—NGOs, youth organizations, indigenous peoples and humanitarian bodies.
The first week of the conference saw an impressive line-up of events themed around the disclosure of climate- and sustainability-related information by companies. These events were attended by the likes of UN secretary-general António Guterres, who admonished firms for making unsubstantiated claims about environmental action, commonly known as greenwashing.
Most companies are under pressure from …
Nihar Gokhale led the Chaos coverage at The Morning Context. Nihar wrote on the environment, the economy and resource conflicts in India. He has reported from across the country on everything from displacement, pollution and environmental violations to land regulation, corruption and human rights. He was earlier associate editor at Land Conflict Watch, and his work has appeared in Scroll, The Wire, IndiaSpend, The Caravan and Mongabay India.
Editor, Chaos
nihar@mailtmc.com
Delhi