Jerry Brown signed the SB 964 into law in 2018.
‘Most companies are likely to conclude that climate is a material issue’, says Commission as it updates Non-Financial Reporting Directive
Body says existing international climate scenarios not intended for business
Update to Non-Financial Reporting Directive as Technical Expert Group has its mandate extended
Major global names release results of work with UN on TCFD
Reporting bodies publish report to plug ‘implementation gap’
£28bn investor discloses against the TCFD recommendations for the first time
Climate VaR model developed with UNEP FI, Carbon Delta and Elseware
Giant investor critical of existing web-based analysis offerings
Mandatory requirement from 2020 — though it will be voluntary to disclose
Comments in response to recent report by Technical Expert Group on Sustainable Finance
Developing several approaches is the logical way forward
CEO Eva Halvarsson talks gender diversity, TCFD-alignment and SDG-washing
Suggests global regulators may be losing patience with voluntary disclosure
Commission’s expert group calls for market feedback on new proposals
Says disclosures will help investors compare it to other companies
Bank of England Governor was speaking at A4S event in London
The 16 insurers represent some 10% of global insurance premiums
Investor got third-party help but process was “incredibly hard”
Status report from the Task Force on Climate-related Financial Disclosures
Canadian giant issues new Climate Action Plan
NGO names best and worst schemes on climate performance, with only two top scorers
New service aimed at helping investors align with TCFD, Article 173 and EU rules
Secretariat member sees consolidation between sustainability reporting frameworks
Hailed as the world’s biggest ever single-issue engagement initiative, what is CA100+ and will it really make a difference?
Leadership, integrated risk management and more experience of scenario analyses will all be needed to grow TCFD alignment
Unilever and Danone among those added to list of target companies
‘Align with TCFD guidelines, stop buying fossil-fuel bonds and change mandate’, says new report
The bite-sized round up of the latest ESG news you need to know.
First-of-a-kind document cites TCFD, Transition Pathway Initiative and 30% Club Investor Group
88% acknowledge transition risk, says report, but only half offer long-term disclosure
NBIM, Aviva, Nordea, Storebrand, Rockefeller, Addenda, Desjardins, La Française and Québec’s Caisse de Dépôt team up
Project builds on TCFD recommendations
Two countries will promote analysis of correlation between ESG and financial performance
Next year could be when climate decisively enters the board room
Investors need to develop their own ‘house view’ on scenarios
The TCFD could mean a potentially exponential set of final disclosures
The indicators, for next year’s reporting, are voluntary to report and voluntary to disclose
Paris announces major conference for December 12 as follow up to COP21.
London targets “multi-billion pound” opportunity.
Letter signed by shareholders with $2trn in assets aims to corral support for clear environmental disclosure.
The EU’s HLEG recommendations can dovetail with other regulatory changes to back up the climate reporting shift.
Free to air, no sign-in, pass the link on to colleagues.
But TCFD supporters are disappointed at lack of G20 backing for FSB work.
Materiality emerges as a pivotal issue as high level report released
High-level panel aims for a principles-based framework for voluntary disclosure
The ‘Bloomberg/Carney Task Force’ is likely to become a vital part of the low carbon transition
Australian Ethical rallying investors ahead of AGM tomorrow
Finland’s largest private investor ramps up sustainability push
A look at what needs to happen next for TCFD disclosure to become a routine part of annual business reporting.