More and more companies are setting climate commitments and net-zero targets. Over 5,000 organizations have set science-based targets, and many more are releasing public climate reports and disclosures. However, only a small fraction of companies have credible plans for reaching their targets. Just 24% of CDP-disclosing companies are on track to reaching their goals. Meanwhile, […]
Product Trend: Product Trend
Here’s What To Do After Calculating Your Financed GHG Emissions
Financial institutions play an essential role in steering the world toward a low-carbon economy. As the world becomes increasingly aware of climate change’s adverse consequences, banks and other financial firms are stepping up their efforts to incorporate climate considerations into their core business strategies. Calculating financed greenhouse gas (GHG) emissions — the emissions linked to […]
Insights from a Corporate Climate Journey: A Discussion with Bridge Investment Group
August 15, 2023 Companies around the world are continuing to grapple with the ever-evolving regulations and investor expectations surrounding climate disclosure and management. But many don’t know where to begin on their climate journeys, how to address the growing threat of climate risk, and the steps to managing it. Additionally, many are still unsure how […]
What the ISSB Standards Mean for the TCFD and Climate Reporting
July 27, 2023 In June, the International Sustainability Standards Board (ISSB) published its inaugural disclosure rules, which are intended to become the global climate and sustainability reporting baseline. The standards fully incorporate the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the voluntary climate reporting framework released in 2017. The release of these […]
Unpacking the European Union’s CSRD
June 28, 2023 The European Union’s Corporate Sustainability Reporting Directive (CSRD) came into force on January 5, 2023. This wide-ranging legislation calls for the robust reporting of corporates’ climate-related financial risks and opportunities — and not just for companies in the European Union. Tens of thousands of companies in the US, UK, Canada, and elsewhere […]
Want to Tell a More Effective Climate Story? Here’s How
In the era of ESG investing and conscious consumerism, companies are pouring more resources into communicating their environmental targets and actions as part of their ‘climate story.’ Your company’s climate communications provide essential transparency and accountability into its climate-related risks and opportunities. But not all climate stories are effective, and publishing endless amounts of data […]
Building Climate Expertise? You Need a Climate Champion
With global warming, biodiversity loss, and damaging weather events causing disruption around the world, organizations are beginning to understand the financial risks and opportunities of the inevitable impacts of climate change. At the same time, investors and other stakeholders are demanding better climate disclosures and management practices from the companies they’re backing. To avoid painful […]
Product Overview and Q&A
April 26, 2023 Climate change is a systemic risk that businesses need to integrate into their core strategies. But there are different approaches when it comes to execution, and many organizations are often left wondering which are the most effective — and efficient. Climate consultants and professionals are spending an inordinate amount of time manually […]
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 […]
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 […]