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CDSB’s Climate Guidance marks the launch of application series

Climate Disclosure Standards Board (CDSB) released the CDSB Framework application guidance for climate-related disclosure (Climate Guidance). The release is the first in a series of guides on nature-related financial disclosure, with Water Guidance to follow early next year. Published today, the Climate Guidance is designed to provide additional “how to”assistance to companies to disclose material climate-related information in mainstream corporate reports. The

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New EPRA guidance aligns EPRA sBPR and TCFD reporting requirements

The European Public Real Estate Association (EPRA) has published new guidance for listed property companies already reporting EPRA Sustainability Best Practice Recommendations (sBPR) to meet the reporting requirements of the Task Force on Climate-related Financial Disclosures (TCFD). The report, Enhancing transparency with the TCFD, provides practical case studies of businesses that have adopted TCFD recommendations.  It

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105 investors press for environmental disclosure from 1000+ high-impact firms

105 investors from 23 countries, including Legal & General, Nordea Asset Management and the New York State Common Retirement Fund, are pressing for companies with a high impact on the environment to disclose data through CDP, the non-profit global environmental disclosure platform. The companies being engaged cover over US$8 trillion in global market capitalization, and are

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The Value of Climate-Related Financial Disclosures for a Fixed Income Investor

With hundreds of climate-related policies globally and central banks on the verge of developing financial stress testing aligned with climate-related scenarios, investors are increasingly asked to refocus on their own assessment of climate risks and opportunities at the individual portfolio level. Is the investment industry on the right path? Incorporating non-financial disclosures in portfolio evaluation

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EU eyeing stronger corporate reporting rules for climate and pandemic risks

European Commission reportedly weighing up options for stronger disclosure rules governing climate, biodiversity loss and pandemic risks Green corporate reporting rules that could see European firms having to disclose the risks they face from climate change, biodiversity loss, and pandemics, in addition to linking executive bonuses to carbon targets, are currently being weighed up by

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Meet Investors Halfway With Better ESG Reporting

With the UN pushing to cut greenhouse emissions by 7.6 percent every year between now and 2030, the time to act on climate is now. As sustainability and impact investing become mainstream, companies are facing more pressure from all sides — investors, employees, consumers and media — to up their game. Investors are taking a stand on

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Tips for making effective environmental disclosures under the EU Non-Financial Reporting Directive

Following the launch of the EU Environmental Reporting Handbook, CDSB’s project manager, Gemma Clements, shares four essential tips on how to disclose environmental information in line with reporting requirements in Europe. The beginning of 2020 has seen a surge of activity around environmental disclosures, especially within the EU. On the 28 January Vice President Dombrovskis announced that later this year he will present a renewed sustainable finance strategy for

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Making Sense Of ESG: A Primer On Social Corporate Responsibility

References to concepts like ESG, impact investing, social responsibility, carbon footprint initiatives, sustainable investing, climate change, green or sustainable funds and other related concepts are at every turn now in the business media. Collectively, these can be referred to as “do good” precepts. This is not a new development. It’s been ongoing for the past

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CDSB warns a comply or explain approach is not sufficient in reaction to UK FCA’s Proposals to enhance climate-related disclosure by listed issuers and clarification of existing disclosure obligations

CDSB welcomes the UK Financial Conduct Authority’s (FCA) efforts to speed up the uptake of high-quality climate-related financial reporting by premium listed companies, but warns that a comply or explain approach will not result in a timely and adequate response to the climate risks faced by the market. On Friday, 6th March, the FCA published

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Comprehensive ESG backed by world’s largest sovereign wealth fund

Norges Bank press for companies to improve and increase ESG disclosures​ A report from Norges Bank Investment Management – manager of the one trillion Euro Government Pension Fund of Norway – has called for businesses to improve metrics to ensure they disclose ‘relevant, quantitative and comparable information on environmental, social and governance (ESG) issues’. Norges