The US Securities and Exchange Commission (SEC) is ushering in a new era of climate-related disclosure. In April 2023, the agency is expected to finalize a new rule that will require all companies listed on US exchanges to include detailed climate-related information in their periodic filings. The rule, in part inspired by the Task Force […]
Alex
Why It’s So Hard to Be an ESG Investor
NZAOA Toughens Decarbonization Targets, SEC Official Warns Against ESG Ratings Abuse, and More
The top five climate risk stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. Net-zero asset owners toughen decarbonization targets The Net Zero Asset Owners Alliance (NZAOA) has barred members from using carbon removals to hit their 2030 portfolio decarbonization targets. In a Tuesday update to its […]
Why Climate Disclosures Must be Decision-Useful
PRI Updates Reporting Framework, Investors Rally for CDP Disclosure, and More
The top five climate risk stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. PRI launches updated reporting framework The world’s leading network of investors focused on environmental, social, and governance (ESG) factors rolled out an updated reporting framework that aligns more closely with top climate disclosure […]
ISSB to Publish Standards in June, Fed Releases Climate Exercise Details, and More
The top five climate risk stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. ISSB to publish climate, sustainability standards in June The International Sustainability Standards Board (ISSB) plans to release its final disclosure standards in June, according to the chair of its parent organization. At the […]
Why Businesses Must Build Climate Competency Across the Board
Companies Turn to Sustainability for Long-Term Growth and Cost Savings
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
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. […]