Understanding, mapping and reporting of climate-related risks among listed firms in Sweden
(2023) In Climate Policy 23(8). p.945-958- Abstract
- We study the mapping and reporting of climate-related risks among firms listed on the NasdaqOMX stock exchange in Stockholm in four goods-producing industries. Our study contains two parts: (i) a study of the firms’ external communication through their annual reports, sustainability reports and webpages, and (ii) a follow-up survey of the top management team. The survey contains quantitative questions and free text answers, which provide additional insights into the mapping and risk-handling of climate-related risks among the firms. We find that firms are likely to engage in some form of mapping and reporting of climate-related risks, but there are variations among the firms. Furthermore, the management of climate-related risks appears to... (More)
- We study the mapping and reporting of climate-related risks among firms listed on the NasdaqOMX stock exchange in Stockholm in four goods-producing industries. Our study contains two parts: (i) a study of the firms’ external communication through their annual reports, sustainability reports and webpages, and (ii) a follow-up survey of the top management team. The survey contains quantitative questions and free text answers, which provide additional insights into the mapping and risk-handling of climate-related risks among the firms. We find that firms are likely to engage in some form of mapping and reporting of climate-related risks, but there are variations among the firms. Furthermore, the management of climate-related risks appears to be a residual issue for most firms with little active engagement from the management team or board of directors. (Less)
- Abstract (Swedish)
- We study the mapping and reporting of climate-related risks among firms listed on the NasdaqOMX stock exchange in Stockholm in four goods producing industries. Our study contains two parts: i) a study of the firms’ external communication through their annual reports, sustainability reports and webpages, and ii) a follow-up survey to the top management team. The survey contains quantitative questions as well as free text answers, which provides additional insights into the mapping and risk-handling of climate-related risks among the firms. We find that firms are likely to engage in some form of mapping and reporting of climate-related risks, but there are variations among the firms. Further, the management of climate-related risks appear... (More)
- We study the mapping and reporting of climate-related risks among firms listed on the NasdaqOMX stock exchange in Stockholm in four goods producing industries. Our study contains two parts: i) a study of the firms’ external communication through their annual reports, sustainability reports and webpages, and ii) a follow-up survey to the top management team. The survey contains quantitative questions as well as free text answers, which provides additional insights into the mapping and risk-handling of climate-related risks among the firms. We find that firms are likely to engage in some form of mapping and reporting of climate-related risks, but there are variations among the firms. Further, the management of climate-related risks appear to be a residual issue for most firms with little active engagement from the management team or board of directors. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/28576ee5-682e-4c78-a30f-6c88a7edaafd
- author
- Andersson, Fredrik N G LU and Arvidsson, Susanne LU
- organization
- publishing date
- 2023
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- climate policy, climate risk management, non-financial reporting, TCFD, CSRD, EU Taxonomy, climate policy, climate change, climate-risk management, climate-related risks, non-financial reporting, M40, Q54, Q56, Q58
- in
- Climate Policy
- volume
- 23
- issue
- 8
- pages
- 945 - 958
- publisher
- Taylor & Francis
- external identifiers
-
- scopus:85137711978
- ISSN
- 1469-3062
- DOI
- 10.1080/14693062.2022.2116383
- language
- English
- LU publication?
- yes
- id
- 28576ee5-682e-4c78-a30f-6c88a7edaafd
- date added to LUP
- 2022-09-01 11:10:49
- date last changed
- 2024-01-09 15:48:01
@article{28576ee5-682e-4c78-a30f-6c88a7edaafd,
abstract = {{We study the mapping and reporting of climate-related risks among firms listed on the NasdaqOMX stock exchange in Stockholm in four goods-producing industries. Our study contains two parts: (i) a study of the firms’ external communication through their annual reports, sustainability reports and webpages, and (ii) a follow-up survey of the top management team. The survey contains quantitative questions and free text answers, which provide additional insights into the mapping and risk-handling of climate-related risks among the firms. We find that firms are likely to engage in some form of mapping and reporting of climate-related risks, but there are variations among the firms. Furthermore, the management of climate-related risks appears to be a residual issue for most firms with little active engagement from the management team or board of directors.}},
author = {{Andersson, Fredrik N G and Arvidsson, Susanne}},
issn = {{1469-3062}},
keywords = {{climate policy; climate risk management; non-financial reporting; TCFD; CSRD; EU Taxonomy; climate policy; climate change; climate-risk management; climate-related risks; non-financial reporting; M40; Q54; Q56; Q58}},
language = {{eng}},
number = {{8}},
pages = {{945--958}},
publisher = {{Taylor & Francis}},
series = {{Climate Policy}},
title = {{Understanding, mapping and reporting of climate-related risks among listed firms in Sweden}},
url = {{http://dx.doi.org/10.1080/14693062.2022.2116383}},
doi = {{10.1080/14693062.2022.2116383}},
volume = {{23}},
year = {{2023}},
}