About EY Romania
EY is one of the world's leading professional services firms with 298,000 employees in more than 700 offices across 150 countries, and revenues of approx. $37.2 billion in the financial year that ended on 30 June 2020. Our network is the most integrated worldwide, and its resources help us provide our clients with services allowing them to take advantage of opportunities anywhere in the world.
With a presence in Romania ever since 1992, EY is the leading company on the market of professional services. Our more than 800 employees in Romania and Moldova provide seamless assurance, tax, legal, strategy and transactions, and consulting services to clients ranging from multinationals to local companies. Our offices are based in Bucharest, Cluj-Napoca, Timisoara, Iasi and Chisinau. In 2014, EY Romania joined the only global competition dedicated to entrepreneurship, EY Entrepreneur Of The Year. The winner of the national award represents Romania at the world final taking place every year in June, at Monte Carlo. The title of World Entrepreneur Of The Year is awarded in the world final. For more
About the research
If climate disclosures are improving, why isn’t decarbonization accelerating? examines the efforts made by 1,100 companies across 42 countries to publish their climate-related risks, based on the recommendations set by the Taskforce on Climate-related Financial Disclosure (TFCD). The research was conducted by EY Global Financial
Accounting Advisory Services (FAAS) and looked at disclosures of some of the largest public companies
in high-risk sectors (as identified by the TCFD recommendations) in the following jurisdictions: Africa, Canada, Central/Eastern Europe, Central/South America, Greater China, India, Ireland, Japan, Middle East, Oceania, South East Asia, South Korea, Southern Europe, the UK, the US and Western/Northern Europe. Companies were scored on two different metrics: the coverage and quality of disclosures. Coverage – organizations were assigned a score (as a percentage) on the basis of the number of TCFD recommendations addressed by them. Quality – organizations that implemented all 11 recommendations were given a rating (out of 5) on the basis of the quality of the disclosure, expressed as a percentage of the maximum score.