The top five climate risk stories this week. Climate change tops global risks — report Failing to stop climate change is the most severe risk the world faces over the next 10 years, a survey of over 1,200 experts shows. The annual poll of policymakers, business leaders, academics, and other leading authorities, was published in […]
Alex
What to Expect For Climate Risk Disclosures in 2023
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
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 […]
Climate Risk Management, Glencore’s Coal Production, and More
The top five climate risk stories this week. Many companies don’t factor climate in risk management — survey A recent survey by the Institute of Management Accountants (IMA) found climate is often ignored in corporate risk analysis and planning. Of the more than 500 respondents who work in corporate finance, 32% said their organization does […]
Women Governance Trailblazers – Laura Zizzo
Insurers Attack Treasury’s Data Probe, New York Issues Climate Risk Guidance, and More
The top five climate risk stories this week. US insurers attack Treasury’s climate data probe The US insurance industry is opposing a request from the Federal Insurance Office (FIO) to submit data on how physical climate risks — like hurricanes, wildfires, and floods — could disrupt the supply of property and casualty coverage. The FIO, […]
Episode 344: Sustainability Professionals Share Hopes for 2023
Australia’s Climate Disclosure Rule, HSBC Halts New Oil & Gas Financing, and More
The top five climate risk stories this week. Australia kicks off climate disclosure rulemaking The Australian government is seeking public input on climate disclosure requirements for companies it plans to release in 2023. The consultation, issued Monday, describes the government’s pledge to make companies report information on their climate governance, strategy, risk management, and metrics […]
Emissions Reporting is About More Than Numbers
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 […]
