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This is part of a mandate issued last year to the ESAs by the European Commission which will inform a decision on whether further supervisory or enforceable action is needed to reduce greenwashing risk in the sustainable investment space.
Co-hosted by AIGCC, CDP, Ceres, IGCC, IIGCC, PRI and UNEP FI. For more information, visit ceres.org and follow @CeresNews. Speakers will explore Investor Climate Action Plans (ICAPs), engaging companies on transition planning, and enabling policy frameworks in line with 1.5°C Media Contacts: Barbara Grady , Helen Booth-Tobin.
It was supported by an informal technical expert group, and a founding partner group consisting of Global Canopy, UNDP, UNEP FI, and WWF, to develop recommendations for more effective nature-related disclosures in order to promote more informed investment decision-making.
“Accountability is not only a way to deliver investors with the proper data to make the choice in terms of risk management and opportunities regarding climate-related financial information,” he says. But ultimately it needs to get down to legislation and policies at an international level.
In 2022, CDP saw participation from more than 18,600 companies disclosing their data on climate, with nearly 4,000 contributing data on water security, and over 1,000 on forest-related matters. trillion. The disclosure platform’s alignment with the TNFD framework is expected to be completed by 2024.
ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including GRI, Sustainalytics, ISS ESG, CDP, Diginex, Esgaia and Normative. . The two organisations will also work to implement capacity building programmes for corporates and financial institutions on climate disclosures. .
“I will be watching to see what the countermove is from Parties and their financial regulators, who ultimately are the ones who have power to compel firms to disclose this information and to ensure its quality,” she says.
Investors are increasingly recognising the need for biodiversity and nature-related data, even as still nascent information streams prove difficult to navigate.
At this stage, harmonisation is more important than perfection,” says Amir Sokolowski, Global Director of Climate Change at environmental disclosure platform CDP. . million metric tonnes of CO2 within their roots, trunks and soil every year, according to the United Nations Environment Programme (UNEP). Climate capital .
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