New, stringent reporting requirements being implemented around the world are changing boardrooms and C-suites forever. Any business leader who fails to grasp the scale of the challenge may find that their future is less sustainable than they thought. 55 percent of the $58 trillion global gross domestic product depends on nature, a PwPwC report found last year. It’s likely that the remaining 45 percent would be depleted to some extent if there were no plants or animals in the world, but the figure illustrates the scale of what’s at stake as governments introduce mandatory climate reporting to hold companies accountable for their contribution to the 37 billion tons of carbon emitted into the sky each year. The impact on global businesses will be seismic as legislation designed to harmonize international (www.theceomagazine.com)
A new era of climate disclosure is changing business as we know it
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