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The organizations that comprise the infamous alphabet soup of reporting frameworks and standards each provide their own approach to the reporting of sustainable value creation and disclosure of climate-related risks, which makes deciding what reporting-related certification to pursue incredibly difficult.
Consolidated ESG standards: Recently, four leading ESG standards organizations — GRI, the Sustainability Accounting Standards Board (SASB); CDP (formerly the Carbon Disclosure Project); the Carbon Disclosure Standards Board (CDSB); and the International IntegratedReporting Council (IIRC) — declared their intent to collaborate.
General sustainability definitions Climate risk Two types of climate risks exist, transition risks and physical risks. Carbon Disclosure Project (CDP) The CDP is a self-reported survey that measures corporate and city action on climate change and forest/water security. Let’s get into it.
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