%0 report
%@ 2195-3317
%A Bals, S.,Groth, M.,Schomerus, T.

%D 2022
%J Leuphana Schriftenreihe Nachhaltigkeit und Recht
%N 
%P  

%T Towards an effective EU climate disclosure strategy? : An ex-ante evaluation and derivation of an analytical framework, of criteria and indicators regarding the EU Commission’s 2018 Action Plan on Financing Sustainable Growth and the 2018 Non-Financial Reporting Directive
%U 
 
%X The EU climate disclosure strategy regarding the EU Commission’s 2018 Action Plan on Financing Sustainable,Growth and the 2018 Non-Financial Reporting Directive is not effective enough. More clarity regarding the defini-,tion of material climate-related risks for companies and the transparency of their long-term resilience strategies,is needed. The EU should implement a more regulative disclosure framework, i.e. the NFI Directive should include,stress tests to ensure future-orientation and comparability. Through such reforms and further improvements the,EU should take a global lead in transforming the financial system.