Scandinavian firms show large ESG gaps on cusp of new rules

A fresh report has found that the largest Scandinavian companies are disclosing just over half of the information they will have to report when EU’s mandatory ESG regulation takes effect next year.
Companies not complying with disclosure standards “can become a headache” for financial institutions, says Carsten Egeriis, CEO at Danske Bank. | Photo: PR Danske Bank
Companies not complying with disclosure standards “can become a headache” for financial institutions, says Carsten Egeriis, CEO at Danske Bank. | Photo: PR Danske Bank
By Leo Laikola and Sanne Wass / Bloomberg

Scandinavian countries with a reputation for upholding green credentials are far from perfect when it comes to their sustainability disclosures.

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