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CDP to Integrate IFRS’ Climate Disclosure Standard

ESG Today

Climate research provider and environmental disclosure platform CDP and the International Sustainability Standards Board (ISSB) of the IFRS Foundation announced today that CDP will incorporate the IFRS’ new climate-related disclosure standard into its environmental disclosure platform.

CDP 86
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Sustainability trends 2023

Carlos Sanchez

In this article, I’ll summarise key events defining 2022 and present four sustainability trends that will prepare you to create an impact in 2023. The good news is that every recession eventually creates new opportunities, so continue reading about 2023 sustainability trends. Sustainability trends 2023: Mandatory reporting.

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What Industry Analysts Say About SAP Sustainability

3BL Media

SAP customers produce 87% of the world’s global commerce. That means our products and services can help the vast majority of companies driving the global economy organize their supply chains, transportation, and financial data in a way that can enable an equitable, circular economy and net-zero emissions.

Net Zero 147
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HSBC, Standard Chartered, other Major Banks Exit SBTi

ESG Today

Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.

Banking 98
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TPT Framework “Complements and Builds” on ISSB Standards

Chris Hall

In 2023, the UK government committed to consulting on introducing requirements also for the UK’s largest companies to disclose their transition plans if they have them. This consultation, expected in the fourth quarter of 2023, will ensure consistency in disclosure requirements for both listed and large private companies.

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Third of Global Market Cap Covered by Emissions Reduction Targets

Chris Hall

The 2021 Progress Report, ‘ Scaling Urgent Corporate Climate Action Worldwide ’, found that companies committed to cut emissions in line with climate science now represent US$38 trillion of the global economy, more than one-third of global market capitalisation (up from 20% in 2020).

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Water Must Be “Third Peak” in Climate, Nature Challenge

Chris Hall

Speaking at the OECD’s Forum on Green Finance and Investment 2023 , she also noted that there is “no way we can meet net zero goals without nature”. Water links Analysis by environmental non-profit CDP said that the financial impact of water risks, such as shortages or pollution, could reach as much as US$392 billion.