Recent sustainability reporting developments
Jan 21, 2016
On January 21, 2016, the Climate Disclosure Standards Board (CDSB), together with the Carbon Tracker Initiative released a paper designed to assist the global Task Force on Climate-related Financial Disclosures members in assessing the ‘carbon bubble’ concept and ‘stranded asset’ risks inherent in the business-as-usual strategies of many fossil fuel companies.
The Climate Disclosure Standards Board (CDSB), together with the Carbon Tracker Initiative, has launched proposals for risk reporting by fossil fuel companies. The report, Considerations for reporting and disclosure in a carbon-constrained world, looks at the questions of
- What should resource companies report on climate change and carbon asset stranding risks?
- Who should set the reporting requirements and how should the information be used?
- What are the challenges ahead?
- What are the opportunities?
Please click to access the report on the CDSB Website.
