How to scale the carbon offset market
The Taskforce on scaling voluntary carbon markets will next week publish its final recommendations. Annabelle Palmer spoke with market participants to hear their thoughts on the proposals outlined so far
Reporting organisations invite EU, IFRS collaboration
Five organisations working to create a globally accepted comprehensive corporate reporting system have invited the EU and the International Financial Reporting Standards (IFRS) Foundation to contribute to their work on harmonisation.
News Round Up: CDP, SEEIT, Mirae Asset, and more
SASB and IIRC merge to help simplify reporting
The Sustainability Accounting Standards Board (SASB) and the International Integrated Reporting Council (IIRC) are to come together to form a new organisation, the Value Reporting Foundation.
Only a matter of time' before TCFD becomes mandatory in UK, says BofE
Bank of England (BofE) markets executive director Andrew Hauser said you can "reasonably expect" adoption of recommendations outlined by the Task Force on Climate-related Financial Disclosures (TCFD) to become mandatory in the UK.
$20trn of investors urge firms to set science-based targets
Science Based Targets initiative launches financial sector framework
Science Based Targets initiative (SBTi) has launched its "breakthrough" pilot framework for financial institutions to set science-based climate targets, but campaigners were "disappointed" and "disturbed" by what they perceive to be shortcomings.
Water risk is accelerating cases of 'drying' or 'drowning' assets
The announcement of 'stranded' assets created by rising water risk is growing, environmental not-for-profit CDP says, with examples of these 'drying' or 'drowning' assets accumulating rapidly, but awareness and disclosure remains lamentably low.