October 25, 2023 As the impacts of climate change become more apparent, a growing number of asset managers recognize the threat these natural disasters pose to their portfolios and investment strategies. In response, many companies are developing and undergoing extensive processes to both identify and assess their climate-related financial risks. Manifest Climate and Los Angeles […]
Product Category: C44 Materiality and Compliance
SB 253 and SB 261: California’s New Climate Disclosure Rules, Explained
Corporate climate disclosure is the current focus of legislative bodies around the world. From the US Securities and Exchange Commission’s (SEC) proposed climate disclosure rule to the EU Commission’s Corporate Sustainability Reporting Directive, more companies are becoming subject to mandatory climate reporting. California, which is both a Democrat state and the US’s largest state economy, […]
Diving Into Corporate Climate Disclosure and Management Trends
September 20, 2023 As the world transitions to a climate-adjusted future, many organizations are beginning to acknowledge and address their financial risks resulting from climate change. To help respond to these issues and take action, companies are reporting their financially material climate-related information — including their climate governance processes, strategies, risk management practices, and metrics […]
Got A Climate Target But No Transition Plan? Start Here
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, […]
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 […]
Why Competitor Benchmarking is Crucial to Your Climate Progress
Most large and medium-sized organizations are feeling the pressure to improve the ways they manage and disclose climate risk — but most don’t know where to start or who should take responsibility. The key to climate success begins with looking outward. There is a wealth of insight and guidance contained within the climate disclosures of […]
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 […]
The Smart Way to Manage Cross-Jurisdictional Climate Reporting
With so many environmental, social, and governance (ESG) and climate risk reporting frameworks, many companies — particularly those with an international presence — are concerned about the complexities of managing multiple jurisdictional climate reporting requirements. But while the climate reporting space is undoubtedly fragmented, many organizations don’t know that most major reporting standards and frameworks […]
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 […]