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that may affect the implementation and enforcement of GHG disclosure requirements in
different regulatory environments.

For future research, several directions should be explored. First, quantitative
studies should be conducted to evaluate the financial impact of GHG disclosures on
corporate performance and investor behavior across various sectors. Second, more
research is needed to understand how SMEs can effectively implement GHG reporting
frameworks, particularly in developing regions where regulatory infrastructure may be
less robust. Lastly, further exploration into region-specific regulatory challenges and
opportunities would provide valuable insights for policymakers and global standard-
setting bodies as they refine and enforce GHG disclosure requirements.

In conclusion, the integration of GHG reporting into financial systems represents
both a challenge and an opportunity for finance professionals. By adopting standardized
reporting practices, leveraging advanced data systems, and fostering cross-departmental
collaboration, organizations can enhance the reliability of their GHG disclosures, align
with global sustainability goals, and foster greater investor confidence.

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