Financial Information on Climate-Related Risks: A Systematic Review

• Autor(a) principal: Rossoni, André Luis
• Data de Publicação: 2023
• Outros Autores: Rossoni, Renata Luiza de Castilho
• Tipo de documento: Artigo
• Idioma: por; eng
• Título da fonte: REUNIR: Revista de Administração. Contabilidade e Sustentabilidade
• Texto Completo: https://reunir.revistas.ufcg.edu.br/index.php/uacc/article/view/1520
• topic: Low carbon. Climate commitments. Financial information.; Baixo carbono. Compromissos climáticos. Informações financeiras.

The research aims to map the literature on the disclosure of financial information related to climate risks. For this, a systematic review of the literature was carried out based on bibliometric analysis. 55 articles were analyzed, collected from the Web of Science and Scopus databases. This article contributes to the systematic analysis of a topic that is increasingly present in the routine of organizations and has been the focus of discussions since the Paris Agreement of 2015. The study revealed that the dissemination of knowledge on the subject is recent, but it highlights important findings, such as the lack of standardization of indicators and robust mechanisms for monitoring organizational environmental performance, highlighting the importance of further studies. Transparency in the information made available is also a relevant topic in the field of discussion for the improvement of methods, as well as the lack of regulations for mandatory financial disclosures on climate risks. Research gaps were highlighted, being divided into indicators, risk management, information quality, investor activism and regulation. Five main themes emerged from the review with an emphasis on studies related to the alignment of organizations with TCFD guidelines. Propositions were suggested in each of the topics discussed. The investigation found that there has been progress related to transparency in the disclosure of company data, but this alone is far from being an adequate response to the challenges of aligning climate-related finance.