A new study by the International Swaps and Derivatives Association suggests market risk rules unfairly penalize carbon trading Carbon markets yo-yoed dramatically in the wake of Russia’s invasion of Ukraine. Futures on European Union Allowances (EUA), the derivatives contracts that facilitate the trading of greenhouse gas emissions in the EU, tumbled 29% from February 28 […]
Role: Corporate Sustainability
Why Climate Governance is Critical to Drive Climate Action
April 20th, 2022 In this webinar, we discuss how many boards still struggle when it comes to climate change. That’s why it’s so important that they begin their climate journey with a well-thought-out and clearly articulated governance process in place. Sign up below to watch our discussion. Don’t be left behind. We’ll help you See […]
Climate is Beyond ESG
A summarized version of this blog can be found here. Environmental, Social and Governance (ESG) and climate considerations are regularly conflated, but there are important distinctions and connections between the two. In this blog we take a step back and lay out the differences between ESG and climate, and their connections with the Task Force […]
Lead with Climate: A Primer on ‘Climate, ESG, and the TCFD’
A more detailed version of this blog can be found here. Today’s investors have to understand how businesses are impacted by Environmental, Social, and Governance (ESG) and climate-related risks and opportunities if they are to make wise decisions. While ESG and climate are often conflated by companies and external stakeholders alike, there are important distinctions […]
How to tackle net-zero target arbitrage
Many financial institutions have rolled out portfolio decarbonization goals. But the differences between them could be ‘gamed’ by carbon-intensive companies Net-zero target setting is all the rage in the financial sector. In recent weeks, four of the five largest Canadian banks have rolled out targets for select portfolios, while the laggard — Royal Bank of […]
Climate Disclosure and the SEC: Where Should Companies Begin?
April 4th, 2022 On March 21, 2022, the U.S.’s Securities and Exchange Commission (SEC) proposed a new rule that would require public companies to disclose climate-related information in their periodic SEC filings – including in their annual financial reports. If passed, the SEC’s proposal will have far-reaching consequences for all companies listed on U.S. exchanges. […]
What’s in the SEC’s New Climate Disclosure Rule Proposal
On March 21, the US Securities and Exchange Commission (SEC) ushered in a new era of climate risk disclosure for publicly-traded companies, which Manifest Climate explores in its latest white paper. In a 3-1 vote, the agency’s commissioners approved a 510-page proposed rule that would require companies listed on any US stock exchange to incorporate […]
The TCFD’s ‘carbon-related assets’ metric got a makeover in 2021. But is it any better now?
Expanding the definition has brought more assets in scope, but sheds no light on the relative riskiness of different exposures When the Task Force on Climate-related Financial Disclosures (TCFD) updated its implementation guidance last year, it promoted a host of new and repackaged climate metrics to the financial sector. One metric favored by the TCFD in […]
Real Estate, TCFD, and Net Zero: A Conversation with BentallGreenOak
March 8th, 2022 In this webinar, we talk about the challenges and opportunities that real estate investors face when it comes to climate change. And how leading investors are using the TCFD to report on climate change and pursue net-zero goals. Sign up below to watch our discussion. Don’t be left behind. We’ll help you […]
Manifest Climate Recognized as a 2022 Best Workplace™ for Women on International Women’s Day
Happy International Women’s Day! Manifest Climate is proud to celebrate women’s invaluable contributions as we continue to create a supportive environment for women to work and thrive. We’re pleased to be recognized as a 2022 Best Workplace™ for Women. As a women-led company working to promote climate transparency and improved economic prospects for all, Manifest […]