“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 […]
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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 […]
People or Platform? When to Adopt Manifest Climate
With companies worldwide gearing up for a new era of corporate climate disclosure requirements, many are unsure whether to leverage the expertise of external consultants or seek out tools that help their internal teams get the job done. So: people, or platform? It will never be one or the other, but rather, a purposeful combination […]
Developing a Credible Climate Transition Plan
Unlock the secrets of effective climate action. While over 3,000 organizations commit to science-based targets for reducing greenhouse gas emissions, most lack credible plans to achieve these goals. This white paper reveals that only half of reviewed companies have published climate transition plans, with just 12% discussing impacts on resource allocation and business strategy. This […]
Q&A: How to Comply With California’s New Climate Disclosure Rules (SB 261 and SB 253)
“It’s no longer about being a good corporate citizen. Climate change is happening — the question is, what are the risks and opportunities for your business?” — Laura Zizzo In a recent Manifest Climate webinar, we sat down with our internal experts, alongside two guest speakers, to find out whether US companies are ready to […]
Manifest Climate’s Experts Discuss What California’s New Climate Disclosure Rules (SB 261 and SB 253) Mean for US Businesses
On October 7, 2023, California Governor Gavin Newsom signed SB 253 and SB 261 into law, requiring companies doing business in the state to disclose their climate-related risks and greenhouse gas emissions. SB 253 will mandate emissions reporting for companies with over $1 billion in revenue, while SB 261 compels climate risk disclosures from those […]
At COP28, What Will the Global Stocktake Mean for Corporate Climate Disclosures?
With COP28 kicking off this week, it feels as though all eyes in the climate space are watching Dubai. From clean energy transitions to developments in carbon removals, many are hopeful that COP28 will mark the beginning of a new era for climate action. At Manifest Climate, we help companies better align their climate action […]