The Science-Based Targets Initiative (SBTi) has recently released a package of consultation documents aimed at financial institutions, including the conceptual framework for the Net-Zero Standard for Financial Institutions (“FINZ”). The document is neither an exposure draft nor the final standard, but serves as an important milestone along the way to their expected publication in Q4 […]
It is valuable for every company to have familiarity with the framework set out by the Task Force on Climate-Related Financial Disclosures (TCFD), and with climate-related risks and opportunities more generally. In this article, we’ll explain why. The cascading effect of climate reporting Over the past few years, we have been witnessing voluntary sustainability reporting […]
Understanding how climate risk reporting is evolving has escalated in priority for many businesses and investors as they remain increasingly alert to the impact of climate change on their operations and decision-making. Aware of this need, 3Degrees participated in the TCFD and Climate Risk Reporting event in London in March where I had the pleasure […]
Greenhouse gas accounting, reporting, and target-setting: Current state of play for the financial sector For many years now investors have been requesting information on climate-related governance and risks from their investees, through means such as the CDP questionnaire. More recently, financial institutions – and their emissions, climate commitments, and performance – have started coming under […]
3Degrees Director of Regulatory Affairs, explains the key components of the SEC's proposed climate-related financial disclosure mandate.
