ENVIRONMENTAL RISK & CORPORATE STRATEGIES
Environmental matters need to be better integrated into overall corporate strategies, an analysis of annual reports of FTSE 350 companies has found. Although environmental factors were identified as principal business risks by 41% of reports studied, only 27% of companies reflected these in their key performance indicators (KPIs), which are used by management to monitor the company’s progress, according to a report of the findings. The analysis was carried out by the Climate Disclosure Standards Board (CDSB), a consortium of international NGOs and businesses working to make reporting of environmental risk and impacts mainstream.