| Abstract [eng] |
Concerns about Climate-Related disclosures by companies are on the rise due to changes in regulations that require companies to be open about financial sustainability through structured financial reports such as IFRS S1 and IFRS S2. Whether this information meets the requirements of investors and other stakeholder’s remains empirically underexplored, particularly in the banking and energy sectors in Europe. This study uses the specific case of six European companies, three from the energy sector (Enel, Iberdrola, and Ignitis) and three from the banking sector (Swedbank, Banco Santander, and FinecoBank), to examine how the quality of Climate-Related disclosures varies Data are drawn from 2024 annual, sustainability, and integrated reports. A structured scoring mechanism based on the four pillars of TCFD and IFRS S2 was applied across four categories: governance, strategy, risk management, and metrics. |
