How are listed companies reporting on climate risks in their financial disclosures? This was the subject of an interview by sustainability adviser Wim Bartels with David Pitt-Watson, an expert on and advocate of responsible investing.

Pitt-Watson is a co-author of ‘Flying Blind: The glaring absence of climate risks in financial reporting’, a study of the reporting of climate risks by listed companies. This study showed that more than 70% of the companies in the study failed to provide adequate disclosure of climate risks. Not only that, 80% of the auditors did not include any assessment of climate risks in their audits.