Guest editorial: Climate risk and environmental accounting in a world of change.

This article discusses the importance of climate risk and environmental accounting in corporate reporting. It highlights the increasing concern over climate risk and its impact on companies' operations and performance. Stakeholders from various spheres are advocating for a transition to a low-emissions economy, pressuring organizations to disclose their climate-related risks and governance systems. Legislative developments, such as the Paris Agreement and the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations, have further intensified the pressure on firms to integrate climate risk management into their accounting processes. The article features a collection of papers that explore different aspects of corporate reporting and how firms have responded to recent legislative and policy developments regarding climate risk disclosures. [Extracted from the article]