The agricultural and forestry sectors are highly susceptible to climate change. Using the TCFD framework, this report provides our perspective on the current state of climate-related disclosure in the agricultural and forestry sectors, as well as our recommendations for how companies can enhance their climate-related reporting and disclosure.
We find that while companies are strong at communicating their impacts on climate risk, they fall short in disclosing how they are adapting their business strategies to accommodate climate change. Going forward, boards should be prepared to engage with investors on their sustainable climate strategies, which encompass both the mitigation and adaptation activities around climate change.
