Best practice for preparing the climate section of non-financial reports of mining companies: research results

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Disclosure of information on combating climate change in non-financial reporting is becoming necessary for companies, especially in the context of global challenges. Disclosure of information on climate initiatives helps to increase trust from investors, customers and the public. Investors are increasingly paying attention to climate reporting when making investment decisions. Companies that demonstrate progress in sustainable development can attract more capital investment. The article presents the results of a study of best practices in preparing the climate section of non-financial reporting of mining companies. The sample of companies included the largest Russian and foreign mining companies, the subjects of analysis were gross and specific emissions of Scope 1, 2 and 3; climate agenda and approach to carbon management; risks associated with climate change; climate strategy of companies. The result of the study is recommendations for companies regarding the disclosure of information on combating climate change in reports. By following these recommendations, companies will be able to build communication with stakeholders through the publication of non-financial reporting, ensure the proper level of transparency and reliability of information for stakeholders and investors. The findings of the article emphasize the importance of transparency and reliability of climate-related information. A key aspect is the need to consider the social, environmental and economic consequences of climate change for business, which is becoming increasingly important for the interests of both investors and society as a whole.