What happened in climate-related financial regulation last month, and what’s coming up The US Securities and Exchange Commission (SEC) issued a proposed rule on climate-related disclosures for publicly listed companies on March 21. If enacted, the rule would require companies to describe their governance, strategy, and risk management in relation to climate change in ways similar to those recommended by […]
Unpacking the ISSB’s Climate-Related Disclosure Standards
A global standard for climate-related disclosures is no longer a pipe dream. In March 2022, the International Sustainability Standards Board (ISSB) released a first draft of its general sustainability-related and climate-related disclosure standards. The ISSB sustainability standards have the potential to become the template for corporate ESG reporting around the world. The ISSB was founded […]
Weekly round-up: March 28-April 1
The top five climate risk stories this week 1) ISSB debuts climate disclosure standard The International Sustainability Standards Board (ISSB) issued draft climate-related disclosure requirements for public comment on Thursday — its first step toward establishing a global baseline of sustainability reporting for companies. The draft tells companies to describe their climate governance, strategy, and risk management […]
Manifest Climate, the leading Climate SaaS+ platform, raises $30 million to accelerate the climate transformation
Toronto, March 31, 2022 – Manifest Climate, the leading climate intelligence SaaS+ (software as a service) platform for public and private organizations, has completed a CAD $30 million Series A raise. The round was co-led by BDC Capital Women in Technology Venture Fund and Climate Innovation Capital, with participation from the slate of investors that […]
With Series A Funding, Manifest Climate Can Scale Approach To Helping Companies See Climate Change As A Strategic Issue
Canadian development bank backs tech start-up Manifest Climate
Signal and noise: the quest for meaningful climate disclosures
Regulators are pushing ahead with mandatory climate-related disclosure requirements, but how can they ensure banks’ reports aren’t full of ‘white noise’? There’s no denying it — banks’ climate-related disclosures are getting bigger. But are they getting better? The European Central Bank’s (ECB) latest stocktake on the substance and quality of such disclosures suggests not. The exercise, which […]
Weekly round-up: March 21-25
The top five climate risk stories this week 1) SEC proposes climate risk disclosure rule Publicly listed companies in the US would have to report their greenhouse gas emissions and detailed information on their climate risks under a proposed rule issued by the Securities and Exchange Commission (SEC) on Monday. The 510-page proposal follows years of campaigning […]
TCFD Metrics and Targets White Paper – What Does Good Look Like?
There’s never been more attention on net-zero goals and decarbonization, which is why companies’ emissions targets and their processes for tracking them matter. While the metrics and targets pillar of the Task Force on Climate-related Financial Disclosures (TCFD) focuses on emissions, it also looks at a number of other critical climate-related metrics. Using real-world examples, […]
The TCFD Amidst a Sea of Regulations and Frameworks
March 23rd, 2022 In this webinar, we review the TCFD’s eleven recommendations and compare them to other frameworks and regulations like IR, SASB, CDP, GRI, CDSB. Level up with us, and learn why the TCFD is the most adequate framework for companies keen to surface climate risks and seize climate opportunities. Sign up below to […]