By offering how-to guidance, this publication aims to help companies enhance the robustness, consistency, comparability, and utility of TCFD implementation and reporting through SASB and CDSB’s market-tested frameworks, standards and resources. Regardless of whether an organization has a sophisticated approach to managing climate risks and opportunities or is just getting started, it can use this guidance to move forward in supporting improved decision-making, enhanced market resilience, and more sustainable economic growth.
The Ceres Conference 2019 will convene more than 600 influential investors, senior corporate executives, policy makers and capital market leaders to reaffirm the business case for sustainability and share best practices to empower leadership, build solutions, and drive change.
The RI Asia Japan 2019 conference will focus on climate and Sustainable Development Goals. These two key themes will drive the narrative for regulators, companies and investors until 2030 and beyond. RI Asia Japan 2019 provides a platform to learn, share and debate on the key issues that are set to define every aspect of the investment landscape in the next decade.
In 2018, the Brazilian Federation of Banks (FEBRABAN) implemented the first phase of an institutional project to support Brazilian banks in the adoption of the recommendations published by the Task Force on Climate-related Financial Disclosures (TCFD) of the Financial Stability Board. A Roadmap with two types of actions was developed: (i) collective actions by the banking sector through FEBRABAN; and (ii) individual actions by the banks. The full report, in Portuguese, is available at FEBRABAN website.
This report was developed in partnership with SITAWI Finance for Good and with the support of a group of FEBRABAN member banks.
Author: The Climate Registry, Center for Climate and Energy Solutions
Industry Group: All Industry Groups
United States of America
Upcoming events - 2019
The Annual Climate Leadership Conference brings together influential climate, energy, and sustainability professionals from around the globe to address climate change through policy, innovation, and business solutions. Join us for the 8th event to collaborate with an unparalleled group of experts and thought leaders, learn about cutting-edge carbon and energy practices, and navigate the climate policy landscape.
In the TCFD recommendations, companies are asked to implement scenario analysis to figure out their climate-related risks and opportunities when they disclose their strategies to investors. However, because there were few examples which explained and disclosed the process of scenario analysis, the Japanese Ministry of Environment (MOEJ) started the support program for companies to analyze their own climate risks and opportunities in line with the TCFD recommendations in August 2018. In the program, MOEJ selected 6 Japanese companies by focusing on the sectors with the highest likelihood of climate-related financial impacts.
Based on the knowledge and experience through the program, MOEJ hereby releases the practical guide for scenario analysis in line with TCFD recommendations. This is the first practical guide to show how companies should implement scenario analysis to integrate climate-related risk and opportunities into their own management strategies by utilizing TCFD recommendations.
This resource is in Japanese.
The time to act is now. With a lack of national leadership, business must lead the way to a sustainable, clean and responsible future. The environmental threats facing the planet are unprecedented, and it’s up to businesses and investors to provide the blueprint for innovations which will create a global economy fit for purpose and one that prospers.
The Responsible Business Summit New York is North America’s leading platform where global businesses gather to create partnerships, share practical insights and shape the future sustainability agenda. This year 400+ CEOs, business leaders, Investors, Government representatives and NGOs will discuss how to lead a sustainable future for all.
This event will be held in New York, USA.
The Sustainable Investment Forum Europe hosted by Climate Action in partnership with UNEP Finance Initiative brings together investment professionals looking to drive the move to a sustainable and low-carbon economy. This event will be held in Paris.
Europe is continuing to cement itself as a leading sustainable finance market. Progress to adopt the key proposals of the EU Sustainable Finance Action Plan is rapidly underway and investors are increasingly working to incorporate sustainability into their strategies and portfolios.
The TCFD is also pushing climate higher up the finance community agenda. But enormous efforts are still needed in the near-term future to reach the $100 billion/year global climate finance goal and to catalyse the $5-7 trillion required annually to meet the Sustainable Development Goals (SDGs) by 2030.
Author: ClimateWise, University of Cambridge Institute for Sustainability Leadership
Industry Group: Asset Owners, Insurance Companies
Framework / Standard - 2019
The ClimateWise Transition Risk Framework helps investors and regulators manage risks and capture emerging opportunities from the low carbon transition. This unique framework was developed through the ClimateWise Insurance Advisory Council, and builds on the recommendations from the TCFD.
The framework is set out in three steps, which can be used independently or combined to explore transition risks and opportunities. Each of the three steps highlights practical actions investors might take in order to manage risks and capture opportunities. The framework applies this analysis to an array of global infrastructure asset types.