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(The Official BSR Blog) - The U.S. Securities and Exchange Commission's announcement last week of guidelines regarding corporate disclosure of climate-related risks brings to the fore a question that has generated growing interest in business and policy arenas: Should sustainability reporting be required? Over the last five years, six countries have passed legislation or issued directives mandating that companies include at least some corporate responsibility (CR) data in their annual reports. But it’s unclear whether these regulations are signs of a burgeoning trend, or just a short-lived experiment in promoting transparency. To explore this issue, we debated the pros and cons of mandatory reporting (with Hope in favor of regulation, and Chorn opposed). For the debate, visit: Post comments about the debate at: Download a PDF of this article, which initially appeared in the BSR |
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