Tag: TCFD
Companies urged to dig deeper on climate change reporting
The first annual disclosures vary in the quality of data provided and lack balanced discussion of future opportunities, say watchdogs.
News round-up: this week in governance
Brewdog culture under fire; Jan du Plessis named as next FRC chair; Wetherspoon opts for worker-directors; £46m fine for Standard Chartered.
Boards need dedicated ESG committees ‘as part of company strategy’
Report for the Institute of Directors says boards need to integrate ESG into strategy and operations as a response to climate concerns.
COP26: plans revealed for new international sustainability standards
The International Sustainability Standards Board (ISSB) will incorporate other similar bodies to accelerate work on a single set of standards.
News round-up: this week in governance
Breaking things vs fixing things; BlackRock and proxy voting; THG governance changes; warning over “tricky” TCFD scenarios.
FRC warns over climate disclosures ahead of COP26 summit
Regulator’s annual review of corporate reporting says it will be “closely revising how companies report against the new TCFD requirements”.
UK green finance report puts focus on transition plans
Chancellor Rishi Sunak says requiring firms to disclose transition plans would help the UK to “set new global standards for sustainability”.
US firms ask SEC to introduce global standards on climate reporting
Major US companies including Apple and BlackRock want to see the TCFD framework and global standards integrated into US reporting rules.
Investor group calls for shareholder votes on climate strategy
The Investor Forum says greater shareholder influence over climate strategy will increase pressure on boards to meet UK net zero targets.
Roadmap to mandatory TCFD reporting ‘should focus minds’
Some premium listed companies will see compulsory climate reporting as soon as next year. And experts warn that much work remains to be done.