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The resolution set an ambition of finalising the treaty by the close of 2024, making next month’s final negotiations in the South Korean city Busan critical. Risk of strandedassets Many major asset owners and managers have vociferously supported the treaty. “The
CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. TCFD is becoming a standardised requirement for many organisations, with several governments looking to make reporting mandatory, such as the case in Switzerland by 2024.
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.
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