US insurers willing to address climate risks
Nonprofit Ceres and the California Department of Insurance have released a joint report analysing how climate risk is managed in the US insurance sector.
Taskforce for Climate Related Financial Disclosure (TCFD)
UK delays new packaging measures as corporates look at value chain
From the UK's delay of the extended producer responsibility scheme to large corporations teaming up with their value chains, in this weekly round-up we explore the latest developments regarding corporate initiatives, sustainability reports and key industry updates.
As the ISSB takes over TCFD, can the SEC avoid supply chain disclosure?
The International Sustainability Standards Board (ISSB) is to take over responsibility for the Taskforce for Climate-related Financial Disclosure (TCFD) from 2024. While the US SEC is yet to release its own guidelines, the ISSB’s shift towards disclosure across Scope 1, 2 and 3 will make it harder to avoid the inclusion of global supply chains.
One year on: how is the TCFD mandate faring with the industry?
One year after the Task Force on Climate-related Financial Disclosures (TCFD) was imposed on some UK businesses, Nicola Stopps, chief executive and founder of Simply Sustainable, reflects on industry preparedness for a blanket mandate.
New science-based targets for nature to address climate and nature crises
The Science Based Targets Network (SBTN) has launched the world’s first science-based targets (SBTs) for nature, to help companies take integrated action across freshwater, land, ocean, biodiversity, and climate challenges.
Canada mandates climate disclosures for financial sector
Canada is joining other countries in enforcing ESG disclosures to manage and mitigate the impact of climate risk on its financial system and on the wider economy.
When are IFRS sustainability disclosure standards taking effect?
The International Sustainability Standards Board (ISSB) has announced that its initial IFRS Sustainability Disclosure Standards will become effective in January 2024.
Corporates and consumers are fuelling global warming
A new study found that limiting global warming to 1.5°C is currently not plausible – and we need all members of society, including corporates and consumers, to strive for deeper decarbonisation.
PRI unveils new responsible investing framework
The Principles for Responsible Investment (PRI) has published the 2023 Reporting Framework, providing signatories with more than three months to prepare their responses before the reporting cycle opens in mid-May.
Startup profile: Weather Trade Net
Weather Trade Net has developed a self-service platform for corporate physical climate risk assessment.