Climate Change

Framework, Cummins, Columbus, Indiana

Taskforce on Climate-related Financial Disclosures (TCFD): Why it is important!

How did TCFD get its start? In 2015, the G20 Finance Ministers and Central Bank Governors requested that the Financial Stability Board (FSB) create a task force to recommend climate related risks disclosures. Why was this request so important? The creation of TCFD by the FSB illustrated the direct connection of climate risks to global […]

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Air Pollution, Milan

Climate-related Risks – Why are they so important for businesses to disclose?

The impacts of climate-related risks have the attention of companies. You can see this in the increase in companies reporting on their climate-related risks and impacts through a variety of voluntary sustainability frameworks, standards, and questionnaires. These include CDP, the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations, and Global Reporting Initiative (GRI). Although these

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Atmosphere

New GRI Climate Change Topic Standards Exposure Draft

GRI has issued the GRI Climate Change Topic Standards Exposure Draft, which is available for review and public comment until February 29, 2024. What is the purpose of this new standard, given that other topic standards such as GRI 305 Emissions and GRI 302 Energy already exist? GRI explains it as follows: The primary objective

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