Resources, Tools and Data The Current Landscape Simon Messenger - - PowerPoint PPT Presentation

Resources, Tools and Data The Current Landscape

Simon Messenger Managing Director Climate Disclosure Standards Board

To provide decision-useful environmental information to markets via the mainstream corporate report

Climate Disclosure Standards Board

Our vision

A world where decisions and actions in support of sustainable financial and environmental systems are facilitated by companies reporting the impact of climate change and natural capital information on their businesses with the same rigour, quality, and value as their financial capital information.

Creating the landscape to help companies translate sustainability into business impacts

Are companies ready for TCFD?

Governance

• 8 in 10 companies have Board-level oversight of climate change,

with lower amounts in North America.

Are companies ready for TCFD?

Governance Risk Management

• 8 in 10 companies have Board-level oversight of climate change,

with lower amounts in North America.

• Fewer than 2 in 10 companies provide incentives to their Board

members to manage climate change.

• 8 in 10 companies have Board-level oversight of climate change,

with lower amounts in North America.

• Fewer than 2 in 10 companies provide incentives to their Board

members to manage climate change.

Are companies ready for TCFD?

Governance Risk Management Strategy

• 9 in 10 companies report climate-related risks and opportunities but

the majority of actions taken on economic opportunities remain

• pportunistic, rather than strategic.

• 8 in 10 companies have Board-level oversight of climate change,

with lower amounts in North America.

• Fewer than 2 in 10 companies provide incentives to their Board

members to manage climate change.

Are companies ready for TCFD?

Governance Risk Management Strategy Metrics / Targets

• 9 in 10 companies report climate-related risks and opportunities but

the majority of actions taken on economic opportunities remain

• pportunistic, rather than strategic.
• Almost all companies currently disclose Scope 1 and 2 emissions.

Only 7 in 10 companies report a decrease linked to initiatives.

Canada

• Canadian Securities

• Expert Panel on

France

• Article 173
• Pushing for mandatory

China

• CSRC & People’s Bank of

• CSRC announcement to pilot

• Government announced

Australia

• Australia Prudential

• Australian Senate Economics

Stock exchanges referencing the CDSB Framework European Union

• EU High Level Expert Group

• EU Non-Financial Reporting

Germany

• Assessing the feasibility
• f regulation similar to

United Kingdom

• Recently endorsed the TCFD

• BEIS ‘Green Finance Task Force’

tcfdhub.org

TCFD Knowledge Hub – tcfdhub.org

80

Governance

236

Strategy

152

Risk Management

125

Metrics & Targets

350+ resources 140+ authors

100+

scenario analysis

Resources, Tools and Data – The Current Landscape

Simon Messenger

Managing Director CDSB

Sue Reid

Vice President Climate and Energy Ceres

Sara Law

Vice President Global Initiatives CDP

Leonardo Martinez

Global Director Sustainable Finance WRI

tcfdhub.org

Thank you

Simon Messenger

Managing Director, CDSB simon.messenger@cdsb.net cdsb.net

tcfdhub.org