Climate-related reporting
Why businesses need to prepare for new requirements on climate disclosures.
The 2015 UN Paris Agreement, with its goal of keeping global temperatures below 2.0C above pre-industrial times, suggests that governments around the world are starting to play their part in transitioning to a low-carbon future. At the same time, low-carbon technology is becoming more competitive.
These dual forces are encouraging investors to diversify their portfolios and integrate climate change risk into decision-making. Investors want to see companies report on climate impact in a considered and consistent way. Support is also growing to improve climate-related reporting following publication of a framework by the Task Force on Climate-Related Financial Disclosures.
Use our insights below to prepare for new requirements on climate disclosures.
![Sustainability transition in India](https://assets.ey.com/content/dam/ey-sites/ey-com/en_in/topics/consulting/gcc/ey-navigating-indias-climate-and-sustainability-transition.jpg.rendition.450.300.jpg)
Navigating India’s climate and sustainability transition
Our latest thinking
How a state government transformed into an ecotourism haven
The state government accelerated its economy and created new sources of employment using ecotourism.
![Eco conscious tourists in India](https://assets.ey.com/content/dam/ey-sites/ey-com/en_in/topics/government-and-public-sector/2024/ey-sustainable-tourism.jpg.rendition.450.300.jpg)
EY led various strategic initiatives to build an ecotourism oasis.
Initiatives involved identifying ideal and strategic locations to set up 'Eco-retreats' and help establishing them across the state.
![Ecotourism in Odisha](https://assets.ey.com/content/dam/ey-sites/ey-com/en_in/topics/government-and-public-sector/2024/ey-ecotourism-in-odisha.jpg.rendition.450.300.jpg)
The eco-retreats have created a multiplier effect on the economy.
The eco-retreats have established pathways for entrepreneurship, while promoting local culture and skills.
![Eco Retreat Odisha](https://assets.ey.com/content/dam/ey-sites/ey-com/en_in/topics/government-and-public-sector/2024/ey-eco-retreat-odisha.jpg.rendition.450.300.jpg)
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