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Fifth Third Ranked Among America’s Climate Leaders 2024 by USA Today

3BL Media

CINCINNATI, September 25, 2024 /3BL/ — Fifth Third’s longstanding leadership in sustainability in the financial services sector has earned the bank recognition by USA Today as among America’s Climate Leaders 2024. The publication’s second annual rankings, published in partnership with Statista, Inc., The list includes U.S.

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The Era of Compliance: The Changing Landscape of ESG Reporting

3BL Media

Impacts of this new legislation include: As of April 6, 2022, certain UK-registered companies and financial institutions are now required to disclose climate-change related risks and opportunities that are material to their organization in compliance with the Task Force on Climate-Related Financial Disclosures (TCFD).

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California Takes Heat Off SEC

Chris Hall

According to Wyatt, who now acts as Senior Counsel at Persefoni, new mandatory climate disclosure rules are “essentially consistent” in requiring Scope 3 reporting through the Greenhouse Gas Protocol, the standard-setter for measuring and managing GHG emissions.“

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LyondellBasell Increases Greenhouse Gas Emissions Reduction Targets, Includes Scope 3

3BL Media

LyondellBasell's reported emissions and expected reductions are based on a combination of measured and estimated data and are based on industry standards and best practices, including the Greenhouse Gas Protocol and guidance from IPIECA and the American Petroleum Institute.

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Not as Green as it Seems

Chris Hall

The software market is also faring poorly for ‘Scope 2 emissions Intensity’ which captures GHG emissions from consumption of purchased electricity, heat or steam by the company, as categorised by the Greenhouse Gas Protocol, divided by the company’s revenue. in 2014 rising to 6.66 Scope 3 reporting.

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What CFOs Need to Know About Future ESG Reporting Standards

Chris Hall

Their current ESRS draft standards have three central concepts; Governance (topics include risk management and internal controls); Social (covering workforce, value chain, communities and consumers); and Environmental (covering climate change, pollution, biodiversity and resource use). How Are Firms Impacted?