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Companies grappling to manage reporting on climate risks

Businesses are finding it hard to manage reporting on climate risks and need to take urgent steps to meet the expectations of regulators as well as investors, according to a report.

Leading consultancy EY's report covered over 1,100 organisations across 42 countries, including India, and focussed on efforts made by them to publish their climate-related risks and opportunities based on the recommendations set by the Task Force on Climate-related Financial Disclosures (TCFD).