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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.
LAUSANNE, Switzerland, May 21, 2024 /3BL/ - Ahead of the United Nation’s International Day of Biodiversity on 22 nd May, Tetra Pak has announced the launch of its ‘Approach to Nature’ - a comprehensive framework that defines the company’s contribution to halting and reversing nature loss and enhancing water security.
Employees are seeking safety, security, and stability; regulators seek to ensure their communities are protected from contamination and competition for resources; investors are seeking “sustainable investments” and projects; and business leaders must protect and grow their organization in an ever-changing globaleconomy.
CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. Financial organisations thus have a major role to play in the decarbonisation of the globaleconomy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5
Moreover, companies will use voluntary frameworks and surveys such as GRI, SASB, CDP, UNGC, and Ecovadis to answer requests from customers, investors and other stakeholders. On top of that, they will be creating plans to comply as soon as by the 2024 reporting cycle (e.g. Sustainability trends 2023: Net-Zero roadmaps.
The authority had already pushed the release back to Q3 earlier in the year and the rules are now not expected to arrive until H2 2024. The TNFD’s final recommendations are set to be released next month and follow a call for nature-related reporting in the Global Biodiversity Framework adopted at COP15 last December.
Jennifer Laidlaw, accessed June 2024, < [link] > What does non-financial reporting cover? In April 2024, CDP rolled out a dedicated SME corporate questionnaire , which is a simplified version of their corporate questionnaire and allows SMEs to report voluntarily.
With the addition of the new tools created in partnership with Normative, CDP, BSR and the University of Cambridge Institute for Sustainability Leadership, the SME Climate Hub will be able to better enable SMEs to make strategic and impactful emissions reductions, track their progress, and demonstrate climate leadership.
While opposing camps beefed up their arguments for a re-match, the 2024 presidential election focused attention on Project 2025, a handbook for Trumps second term, which sought to prohibit investing in ERISA plans on the basis of any factors that are unrelated to investor risks and returns (sic).
Physical and transition risk Climate-related risks to the globaleconomy cannot be ignored, no matter the plans and impacts of the new US administration. Science points to the facts.
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