CDSB welcomes the UK Financial Conduct Authority’s (FCA) efforts to speed up the uptake of high-quality climate-related financial reporting by premium listed companies, but warns that a comply or explain approach will not result in a timely and adequate response to the climate risks faced by the market.
Non-financial reporting must be in the management report to satisfy investor needs and ensure that the Directive on Non-Financial Reporting is fit for purpose to achieve Europe’s ambitious sustainable finance goals.
CDSB launches consultation to advance the disclosure of nature-related financial information in the mainstream report and explore the role of the CDSB Framework in this process.
The Japanese version of the TCFD Implementation Guide, which launched at the TCFD Summit this October, provides localised guidance for climate-related financial disclosure.
