Online Roundtable: Improving water-related financial disclosure - tools and good practice

CDSB, CDP, and WWF Germany will deliver an online workshop for companies in Germany

Date: 18 March
Time: 10:00-12:00 CET / 09:00-11:00 GMT
Register: online or by email to 

Please note that this workshop is designed for companies headquartered in Germany. If your company is not registered in Germany, but you would like to participate, please email us.  

What is this event about? 

Climate Disclosure Standard Board (CDSB), CDP, and WWF Germany willdeliver an online workshop on the 18th of March, from 10:00 to 12:00 (CET) aimed at addressing the challenges faced by German companies and finance sector in providing investors with decision-useful water-related and environmental information. 

Availability of and access to adequate water resources have direct implications for companies operations and supply chains. Additionally, water-related risks are already materialising, affecting operational and financial performancewith climate change already exacerbating these impacts. 

At present, there is an information deficit for stakeholders and investors on the reporting of water-related risks and opportunities, particularly in the mainstream corporate reports. The shortfall in high quality, decision-useful and material water-related information means that investors are unable to allocate capital that can effectively instigate change and ensure resiliency across economies and societies. Additionally, regulators are prioritising climate-related and other environmental mainstream disclosure, including water, to drive climate action and to mitigate other environmental impacts and related risks.  

In this contextthis practice-oriented workshop aims to create an opportunity for German companies to gain clarity on the resources available to support effective integration of water-related information into mainstream reporting, and to improve the disclosure of this information to investors in order to inform their decision-making and to make capital allocations that ultimately support the transition to a water resilient and secure economy. 

Workshop participants will: 

  • Deepen their understanding of how to improve the quality, comparability and coherence of water, climate and environmental disclosures to aid decision-usefulness; 
  • Enhance their knowledge on water-related risks and related financial impacts;  
  • Understand investors’ expectations on decision-useful water-related information and integration of water in investors’ decision process; 
  • Learn about existing resources and tools to support the preparation and effective disclosure of water-related financial information and integration into financial reporting, also in alignment with the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD); 
  • Improve their environmental reporting under the EU Non-Financial Reporting Directive (NFRD), and explore challenges and trends within existing reporting; and 
  • Understand what good practice in water and environmental reporting looks like through case studies. 

Registration at this link or by email to  . Event details will follow via email a few days before the event.  

Overview: 

  • When: 18th March 2021 
  • Duration: maximum of 2 hours 
  • The official language of this event will be English. 
  • The event will be held under the Chatham House Rule 
  • Online platform: Microsoft Teams 

Agenda:

Organisation 

Speaker(s) 

Duration 

Brief description 

CDSB  

Michael Zymonyi  

5 min 

Introduction and welcome 

DEG Invest 

Jens Hönerhoff 

15-20 min 

  • Why is water important for investors 
  • What does water-related decision-useful information look like? 
  • How to integrate water into the decision-making process? 
  • Example of agri-investment 

CDSB 

Francesca Recanati; Nontokozo Ndebele Khumalo 

15 min 

  • Integrating water in your mainstream report: The CDSB Framework and reporting environment; 
  • The application guidance for water-related disclosures; 

CDP 

Lisa-Maria Winkler; David Lammers;   

15-20 min 

  • CDP’s Water Security questionnaire: A framework for action 

WWF 

Ariane Laporte-Bisquit 

15-20 min 

  • TCFD-aligned scenario analysis of water risks using WWF Water Risk Filter 

Tchibo 

Marijke Schöttmer 

15-20 min 

  • Tchibo water stewardship journey 

CDBS 

Francesca Recanati; Nontokozo Ndebele Khumalo 

<10 min 

  • Status of water and other environmental disclosures NFRD 
  • Good examples from German companies (TCFD and environmental aspects); 

Discussion 

20 min 

 

TOTAL 

MAX 120 min