Companies warned on disclosures

A man stands in the banks of the Coca and Napo rivers after an oil spill, in Rio Napo, Ecuador September 21, 2020. Picture taken September 21, 2020. 

Bone up on enterprise value reporting. This is the message a global securities watchdog is sending as regulators wrestle with the complex task of creating common international standards for corporate sustainability disclosures.

Enterprise value reporting measures how climate and other sustainability-related issues can erode a company’s total worth. To stop companies from “greenwashing” - or painting a flattering picture of their compliance with sustainability goals - standard-setters want to replace the current patchwork of disclosures with a global approach.