The impacts of climate change pose a massive risk to the financial sector. Companies that continue to invest, lend, or insure assets that fail to transition to a low-carbon economy or are highly exposed to natural disasters have the potential to lose significant capital. All this means firms need to actively manage their climate-related financial […]
Alex
EU proposes loosening CSRD rules and more
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. EU proposes loosening CSRD standards The European Commission proposed easing climate and environmental, social, and governance disclosure rules that underpin the Corporate Sustainability Reporting Directive (CSRD) amid concerns of the regulatory […]
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 […]
World Economic Forum partners with ISSB to support global disclosure baseline, and more.
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. WEF and ISSB partner to achieve sustainability disclosure baseline The World Economic Forum (WEF) is convening an expert group of sustainability professionals to share best practices and perspectives on climate and […]
Climate Risk Regulation Rundown: May 2023
What happened in climate-related financial regulation last month, and what’s coming up. Americas Commissioner Mark Uyeda of the US Securities and Exchange Commission (SEC) warned that the agency may become the “global police” for environmental, social, and governance (ESG) issues. In a speech before the Managed Funds Association on May 16, Uyeda said the SEC […]
Five Ways Technology Can Improve Your Climate Disclosure
As the climate disclosure landscape evolves, sustainability teams are struggling to keep up with investors’ and regulators’ changing demands. These teams, which are often small and under-resourced, end up spending a ton of time manually researching, benchmarking, and assessing how their reporting aligns with certain disclosure frameworks and standards. This pulls them away from high […]
EU Parliament advances sustainability due diligence law, and more
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. EU Parliament approves sustainability due diligence law The European Parliament voted to advance new rules that would force corporations to produce wide-ranging climate transition plans and integrate environmental and social factors […]
The critical role of AI in scaling climate expertise
G7 endorses ISSB standards, insurers exit UN climate group, and more
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. G7 endorses ISSB climate standards The Group of Seven (G7) nations officially announced their support for the International Sustainability Standards Board’s (ISSB) forthcoming climate and sustainability disclosure standards. In a Saturday […]
EP4: Integrating Climate and Nature-Related Financial Risk
More companies are beginning to recognize the importance of addressing their financial risks from climate change and nature loss. But few have yet to acknowledge just how interconnected the two are with one another. In this episode, Host Laura Zizzo discusses how climate- and nature-related financial risks and opportunities integrate with one another. To provide […]