Looking to have your reporting aligned with the Task Force on Climate-related Financial Disclosures (TCFD) framework? Not sure what to include in your climate disclosure? Recently, we held a webinar addressing these pressing topics and want to share with you our answers to the most popular climate disclosure questions that came up. Q: TCFD Disclosure Drivers: There […]
Tag: TCFD
The State of Canadian Climate Disclosures
Climate-related financial disclosures by some of Canada’s largest companies are improving, but more work is required to boost the quality of disclosures and to align with industry best practices, according to a report Manifest conducted for the Chartered Professional Accountants of Canada. In 2019, CPA Canada commissioned Manifest to conduct a study of the climate-related […]
Federal LEEFF Program – How to Get Started on Disclosing your Climate Risk
We’ve put together some tips for businesses looking to commit to publishing climate-related financial disclosure reports as part of a new federal COVID-19 economic stimulus program providing bridge loans to big businesses. The Large Employer Emergency Financing Facility (LEEFF) program will “provide bridge financing to Canada’s largest employers, whose needs during the pandemic are not […]
Top 3 Misconceptions About TCFD Climate Disclosures
One of the services Manifest provides is helping companies prepare climate disclosures aligned with the recommendations from the Task Force on Climate-related Financial Disclosures (TCFD). The TCFD recommendations provide companies with a framework to discuss their climate risks and opportunities under four themes: governance, strategy, risk management, and metrics and targets. Since the June 2017 […]
How to Manage your Company’s Climate Risks and Harness Opportunities
Over the next 20 years, we will experience receding ice cover, heatwaves, rising sea levels, wildfires, storm surges and other extreme weather events. These climate impacts could cause significant losses, damage, or disruptions to our food systems, drinking water, infrastructure, and the energy systems that fuel our modern lives. They may also disturb our forests and ecosystems, […]
BlackRock’s Climate Warning Needs to Match their Climate Actions
BlackRock CEO Larry Fink’s latest annual letter to CEOs “A Fundamental Reshaping of Finance” immediately made waves in the financial community and the media because of its urgent call for all companies to recognize and account for the risks of climate change. The letter said the failure to account for these risks would put billions […]
2019: The Year that Changed the Climate of Climate Change
Risk management, a national strategy and plan, oversight and governance, transparent metrics and targets – Canada now has a proposed legal framework for meeting our global climate commitments; and it looks rather like the recommendations of the Task-Force on Climate-Related Financial Disclosures (TCFD). Today, Canada’s federal government tabled long-awaited legislation outlining a roadmap for meeting […]
Sea-Level Rising: The Accelerating Wave
Sea level rise is occurring faster than expected, impacting millions in the coming decades and potentially locking in irreversible changes for centuries to come, says the latest UN climate report. While there is uncertainty in the number of people impacted and how quickly these impacts will be felt, new science reveals that current projections for […]
4 Tips for Businesses from Climate Week NYC
Climate Week in New York City just wrapped up, and we were in attendance. With more than 300 events taking place, we couldn’t attend everything—but we had a presence at several events discussing the role of sustainable finance and the importance of businesses taking action on climate. Here are the top four things that we […]
Businesses Will Miss Opportunities Waiting for Government Action on Sustainable Finance
In June, the federal government’s Expert Panel on Sustainable Finance released its final report, comprised of 15 recommendations for how Canada can build a stronger, greener and more resilient economy. We welcome the report and appreciate the hard work the four volunteer members of the panel did in just over a year. The expert panel had […]