Regulators, investors, and shareholders are paying closer attention to financial disclosures for clues on how companies are managing climate risks. A company’s disclosure on climate risk, a top market and economic risk according to the World Economic Forum for years in a row, will impact their budget allocations, asset valuations, and ability to attract investment. […]
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Reporting on qualitative climate data in 2024? Lose the spreadsheets.
As more ESG and climate-related disclosure regulations come online, companies are spending significant time and money to meet reporting expectations. ESG reporting and disclosure presents an entirely new compliance challenge for large companies — and the requirements are only growing. Yet more than half of companies are still managing ESG data, both qualitative and quantitative, […]
The SEC’s Climate Disclosure Rule: How Can Businesses Prepare?
The US Securities and Exchange Commission (SEC) held an Open Commission Meeting today, on the 6th of March, during which it voted on the final version of its climate disclosure rule. The vote passed 3-2, and we will see the text of the final rule sometime today. Manifest Climate will update this blog and other […]
2024 Trends for Managing Climate Risk
February, 2024 What climate risk management and disclosure trends will organizations face in 2024? Manifest Climate and MSCI together explore these trends and how organizations can prepare. A conversation led by Laura Zizzo, Co-founder & CEO at Manifest Climate featuring experts from MSCI – Beth Byington, Global Head of Corporate ESG and Climate Solutions, and […]
Request an AI-powered Climate Gap Assessment
Getting a head start on climate risk could be your company’s next big competitive advantage. And with Manifest Climate, it’s never been easier. ✅ Stop wasting time on manual research and analysis✅ Avoid being underprepared for board meetings✅ Steer clear of inefficient and static resources In just minutes, our AI-powered platform can produce: Disclosure assessmentsSee […]
What is Single Materiality and Double Materiality?
“Single materiality” and “double materiality” are distinct yet interrelated approaches to evaluating environmental, social, and governance (ESG) risks and opportunities, including those related to climate change. Understanding the difference between these approaches to risk assessment is crucial, including in the context of climate-related disclosure. Single materiality — definition “Single materiality” refers to how climate and […]
Diligent & Manifest Climate Announce Partnership to Help Climate Teams Measure Emissions and Manage Risk with AI
This new partnership empowers organizations to manage climate-related financial risk and adhere to new standards, while saving time and money. Diligent, a leading GRC SaaS company, today announced its partnership with Manifest Climate, a leading AI-driven climate risk management platform, to bring organizations comprehensive solutions that support climate measurement, reporting and disclosure. The partnership builds […]
What Makes an Effective Climate Transition Plan?
As investors and consumers turn their attention to corporate climate risk, it’s no longer enough for companies to simply announce a net zero target and call it a day. These days, companies of all sizes need robust action plans to support their public climate commitments. These plans are called climate transition plans or climate action […]
Clearer Alignment, Quicker Impact: What Manifest Climate’s Latest Product Release Means for Climate Teams
Today, Manifest Climate is releasing its Winter ‘2024 product release. This release features a number of updates to our climate framework and disclosure management platform, from UI updates to entirely new features. Assess overall disclosure alignment in a single view A new multi-standard view gives users the ability to see a combined disclosure assessment against […]
ISSB vs. TCFD: Why Companies are Shifting from the TCFD to the ISSB
Increasingly, large public organizations are shifting their climate disclosure focus from the Task Force on Climate-related Financial Disclosure (TCFD). Since its release in 2017, the TCFD has been a mainstay of climate risk reporting. However, the formation of the International Sustainability Standards Board (ISSB) and the release of its reporting standards, IFRS S1 and IFRS […]