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Global Risks Report Highlights Urgent Need for Climate Risk Planning

Global Risks Report Highlights Urgent Need for Climate Risk Planning

Failing to take action to mitigate and adapt to climate risks poses major economic risks, a survey of the world’s top experts shows. The findings affirm the importance of climate risk management and planning for businesses. The World Economic Forum’s Global Risks Report 2023 examines the key threats to the global economy over the short […]

Climate Risk Regulation Rundown: December 2022

Climate Risk Regulation Rundown: December 2022

What happened in climate-related financial regulation last month, and what’s coming up. Americas On December 8, the Federal Reserve released new guidelines for large banks on managing their climate risks. The guidelines recommend that banks set up climate risk analysis, have their boards oversee climate risks, and align employee pay with climate risk management objectives. […]

What to Expect For Climate Risk Disclosures in 2023

What to Expect For Climate Risk Disclosures in 2023 A country road with ground fog.

Last year was a game changer for climate risk disclosures. More companies began to report their climate-related information, and regulators around the world moved closer toward mandating corporate climate reporting. Many of these incoming climate reporting requirements are based on the Task Force on Climate-related Financial Disclosures (TCFD), the world’s leading climate reporting framework. The […]

TCFD-Aligned Disclosures and the Retail Sector

TCFD-Aligned Disclosures and the Retail Sector A blurred image of people walking at a mall

Businesses should embrace climate risk planning to avoid financial losses and maximize opportunities. An essential part of this process is bringing transparency to the material climate issues they face through clear, comprehensive, climate-related disclosures. The retail sector faces many climate risks and opportunities. Investors in retail companies want to understand how these are being managed […]

Emissions Reporting is About More Than Numbers

Emissions Reporting is About More Than Numbers A group of people in a meeting discussing a report on climate change.

International climate action must be guided by clear, credible data. When it comes to climate mitigation targets, this means accurate greenhouse gas (GHG) emissions accounting and verification. There’s a lot more to producing high-quality emissions disclosures than crunching numbers, however. Organizations have to set up policies and processes for gathering emissions data from across business […]