Climate change financial disclosure normalization: does one size fit all?

Phu Dao-Le Flécher (1, 2) , Sondes Mbarek (3, 2)

1 UEVE - Université d'Évry-Val-d'Essonne
2 LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363)
3 IMT-BS - DEFI - Département Droit, Economie et Finances

Climate change is one of the biggest issues the world is facing today. Investors need to improve understanding and analysis of climate-related risks and opportunities and their financial implications on organizations. There is therefore an increasing demand from investors and creditors to access climate-related financial information that is consistent, comparable, reliable and verifiable. Based on an academic literature review on climate change disclosure and a critical analysis of existing normalization initiatives on climate-related issues, the objective of this paper is to carry out some reflections and recommendations on a common mandatory highquality climate change financial reporting framework.

Mots clés: Climate change; Financial disclosures; Normalisation

Domaines: Sciences de l'Homme et Société

Phu Dao-Le Flécher, Sondes Mbarek. Climate change financial disclosure normalization: does one size fit all?. Summer Conference on Responsibility and Ethics in Business & Finance, Groupe de recherche en Management, GRM (Université Côte d'Azur); Association Française de Finance (AFFI), Jul 2023, Nice, France. ⟨hal-04309066⟩