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IFRS Says Over Half of Global Economy Moving Towards Coverage by ISSB Sustainability Reporting Standards

ESG Today

The IFRS Foundation’s International Sustainability Standards Board (ISSB) was launched in November 2021 at the COP26 climate conference, with the goal to develop IFRS Sustainability Disclosure Standards to provide investors with information about companies’ sustainability risks and opportunities.

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ISSB Standards Launch a “Landmark” for Global Economy

Chris Hall

Globally applicable standa rd s will open “new horizons” for identifying sustainability risks and opportunities to inform long-term investment decisions , say market participants.

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Fossil fuels phase-out pact fizzled at COP27. What more can be done?

Corporate Knights

The latest UN climate change summit (COP27) concluded, once again, with a tussle over the place of fossil fuels in the global economy. COP decisions are not binding and the language on fossil fuels at COP26 was watered down during negotiations. A new global registry of fossil fuels is helping to catalogue this information.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

They argue that, with the existing 2030 commitment already three-quarters met purely through the trend for slower speeds and bigger ships, there is a huge opportunity for the industry to raise its ambition at the informal meetings take place next week. As the U.K.

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CDP to Integrate IFRS’ Climate Disclosure Standard

ESG Today

Paul Dickinson, Founder Chair at CDP, said: “As the only global environmental disclosure platform, with over 18,700 companies worth half of global market capitalisation disclosing in 2022, CDP is uniquely positioned to scale the early adoption of the ISSB’s climate Standard across the global economy.

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Statement on behalf of We Mean Business Coalition ahead of COP27

We Mean Business Coalition

The consequences of inaction are already being felt globally, with the world’s vulnerable most severely impacted. . Every fraction of a degree of global heating matters. Governments can tap the expertise of business to inform policies that are grounded in their practical experience. . C goal within reach.

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The world has consumed half a trillion tonnes of virgin materials since the Paris Agreement

Envirotec Magazine

The throwaway global economy is fuelling the climate crisis with more than half a trillion tonnes of virgin materials consumed since the 2015 Paris Agreement, according to a report from impact organisation Circle Economy launched on 19 January. C at the COP26 summit in Glasgow. billion last year. C, and to meet 1.5°C