Document summary
European companies seem prepared to face carbon regulation and even tend to recognise new business opportunities. The Europe 300 companies sample demonstrates high standards in disclosure quality and response rate: 82%. These companies have a strong awareness of risks associated with climate change and have integrated this into their strategy. Performance emissions reduction plans reveal encouraging signs with proactive plans for low-carbon investment and energy efficiency measures. Action plans are backed by substantial investments. However there are further improvements to be achieved to allow for a comprehensive and specific analysis of climate-change related risks borne by different economic sectors.