The evolving and interconnected landscape of climate targets, metrics, reporting standards and frameworks is complex and often confusing.
The Explainer provides an overview of the evolving and interconnected landscape of climate targets, metrics, reporting standards and frameworks for non-executive directors (NEDs).
Climate targets, supported by a robust delivery plan, are an important part of a business’s decarbonisation strategy. Effective climate disclosure, using appropriate reporting frameworks and standards, provides stakeholders with comparable and reliable information to make informed decisions.
Climate targets and disclosures often need to be considered within a broader sustainability or ESG context. The World Economic Forum 2020 White Paper ‘Measuring Stakeholder Capitalism’ highlights that aligning with the UN Sustainable Development Goals (SDGs) will help create long-term sustainable value, while driving positive outcomes for business, the economy, society and the planet.
The interactive tool covers:
- Measuring emissions
- Climate targets
- Management system standards
- Reporting and disclosure frameworks and standards
To go to the interactive tool and supporting summaries click on this link