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 […]
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EP6: The Evolution of Data in Climate Risk Management
In order to become resilient to the financial risks of climate change, companies need to develop effective climate management. This requires clear, comparable, and robust climate data. But how does access to better data help companies enhance their climate management efforts? In this episode, Host Laura Zizzo talks about the evolution of climate data and […]
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 […]
EP5: How the Finance Sector Can Address Climate Risk
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 […]
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 […]
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 […]
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 […]