Reporting and Disclosures are the resultant actions of a long process to gather, curate and disclose for meeting regulatory requirements across value chains, it is hygiene- the basic which is expected to be done in line with sectoral requirements on climate action, scope 3, CBAM, and financed emissions for the investor set. These are not excuses for not going further if needed. Hidden value gets unlocked when doing good becomes culture. Poor climate record is a proxy for the lack of innovation, or accident statistics is a temperature check for a toxic culture, as can be seen from Deepwater Horizon or Bhopal.

Risk can be read by seasoned eyes through a close reading of sustainability disclosures.