Workshop "Improving climate-related and nature-related disclosure"
Event Information
About this event
As the potential risks associated with climate change and environmental degradation are better understood, companies are expected to provide information in their reporting on how they are responding to these risks and opportunities. Companies must therefore be able to provide a sufficient level of climate and environmental information necessary to inform investor decision-making and make capital allocations which ultimately support the transition to a low-carbon climate-resilient economy.
Despite several developments emerging including the TCFD recommendations, evidence from the market suggests that companies are still reporting climate-related information that lacks the necessary quality, cohesiveness, and comparability for decision-usefulness. In terms of natural capital disclosure, despite the fact that businesses and their investors have already been exposed to its financial impacts, it is still in its nascence, but relevant work has begun to be developed in the framework of the Informal Working Group (IWG) of the new Task Force on Nature-related Financial Disclosure (TNFD). Members of the IWF are building on lessons learned from the TCFD and in collaboration with the corporate sector, they are defining reporting frameworks that help them align their financial capital with the nature commitments set out in the Post 2020 Biodiversity CBD framework, the Sustainable Development Goals and the Paris Agreement.
In the framework of the Spanish National Environmental Congress (Conama), on the 20th of January, CDSB in partnership with the Natural Capital Factory -Spanish regional platform of the Natural Capital Coalition- will deliver an online workshop aimed at addressing the challenges faced by companies in providing investors with climate and environmental information.
Workshop participants will:
• Deepen their understanding of how to improve the quality, comparability and coherence of climate and environmental disclosures to aid decision-usefulness.
• Learn about tools to support alignment with TCFD recommendations and effective climate-related financial disclosure.
• Improve their climate and environmental reporting under EU NFRD and explore challenges and trends within existing reporting.
• Enhance their knowledge on water-related information mainstreaming and financial impacts.
• Understand what good practice on climate and environmental reporting looks like through case studies.
• Have a brief overview about the work that is being developed by the IWG of the new TNFD.
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The official language of this event will be English.
We inform you that CDSB and Ecoacsa (through the Natural Capital Factory) will keep your personal details secure and use the information you provide consistently with applicable privacy and data protection laws and the terms of our Privacy Policy.
We will only use your contact details to manage communications related to this workshop.
Natural Capital Factory Privacy Policy.
This workshop will be recorded. When registering to the webinar you agree with this and organisers' private policies.
For further information or enquiries, please contact Nontokozo Khumalo (CDBS) nontokozo.khumalo@cdsb.com and/or Paz Ferrer (Natural Capital Factory) comunicacion@naturalcapitalfactory.com
Organiser Natural Capital Factory and CSDB
Organiser of Workshop "Improving climate-related and nature-related disclosure"
About de CDSB
The Climate Disclosure Standards Board (CDSB) is an international consortium of business and environmental NGOs. We are committed to advancing and aligning the global mainstream corporate reporting model to equate natural capital with financial capital. We do this by offering companies a framework for reporting environmental information with the same rigour as financial information. In turn, this helps them to provide investors with decision-useful environmental information via the mainstream corporate report, enhancing the efficient allocation of capital. Collectively, we aim to contribute to more sustainable economic, social and environmental systems.
About the Natural Capital Factory
The Natural Capital Factory is an initiative by Ecoacsa that brings together the Spanish community around natural capital approaches with the aim of ensuring that nature is included in decision making. It is the Spanish regional platform of the Natural Capital Coalition, a collaborative platform that offers information about the latest news, developments and markets trends related to business management of natural capital, as well as ongoing and specialised training. The Natural Capital Factory promotes analysis, dialogue and the Spanish representation before the global movement on natural capital.
