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The FSB Task Force (TCFD) on Climate-Related Financial Disclosure And The Dramatic Contents of the Intergovernmental Panel on Climate Change � Hot Topics A Brief Checklist of the Discussion for You This Week The Intergovernmental Panel on Climate Change (IPCC) was organized by the United Nations Environment Programme (UNEP) and the World Meteorological Organization (WMO) in 1988 (30 years ago!) to provide a “clear scientific view of the current state of knowledge in climate change and its potential environmental and socio-economic impacts”. In the late 1970s, the discussion about climate change and global warming began to, well, pardon the pun – heat up! Foreign Affairs magazine, 1978 posed the question: “What Might Man-Induced Climate Change Mean?” The West Antarctica Ice Sheet and CO2 Greenhouse Gas Effect” appeared in the authoritative Nature in the same year. The debate was on and multi-lateral organizations and governments began to take note and respond. Ten years later ICCC debuted on the global scene. Over the years since there have many meetings and studies produced, with 195 countries eventually joining the IPCC membership. Including, significantly, China, the USA, the United Kingdom, the Russian Federation, Germany, France, Italy, Ireland, Israel… and many other sovereigns. The membership list is here: http://www.ipcc.ch/pdf/ipcc-faq/ipcc_members.pdf Thousands of scientists – subject matter experts – regularly participate in the work of the organization, which is typically around task forces and delving into specific issues. This gives the IPCC findings and recommendations “a unique opportunity to provide rigorous and scientific information to decision-makers”. The work is policy-relevant but also policy-neutral and never policy-prescriptive. In October 2018 the IPCC issued a Special Report on Global Warming of 1.5C (above pre-industrial levels) and the rising threat of climate change, as well as sustainable development (think of the SDGs) and efforts to wipe out poverty. The report and related materials are here for you: http://www.ipcc.ch/ Our Top Story comes from our colleagues at Ethical Corporation, authored by Karen Luckhurst. She reports on the related activities during a two-days of meetings at which the FSB’s Task Force on Climate-Related Financial Disclosure (TCFD) recommendations and the IPCC Special Report were analyzed and discussed by corporate and organizational leaders.
Richard Howitt of IRRC told the group that there is a major alignment soon to be announced with other reporting standards agencies (GRI, CDP) – watch for that. Do read the Top Story this week. And, mark your calendars – the Ethical Corp “Responsible Business Summits” are coming to San Diego, CA on November 12th; to New York City on March 18, 2019 and on to London for June 10th convening. There is more information at:http://www.ethicalcorp.com/events. Governance & Accountability Institute has been a long-term event media partner of Ethical Corporation events for going on 8 years. This Week's Top Story Ten takeaways from the Sustainability Reporting and Communications Summit
Sustainability: Continuing Forward Momentum! Championing Producers and Sustainability at the 3rd Illy International Coffee Awards The Asian Market, Inclusivity And Sustainability Are Key For Next-Gen Designers Measuring sustainability through inclusive wealth Sustainability climbs the agenda for Asia’s skyscrapers The stark reality of sustaining your ethics Evidence points to investment case for sustainable investing The science of sustainability Is Europe’s robust corporate comeback sustainable' How Wharton students are using an app to push for a sustainable campus A Closer Look at the Sustainability of Our Groundwater Aquifers Sustainability, commerce and economics: How to create right balance for sustainable development Our Focus This Week on A Range of ESG Topics & Issues � More For You to Think About � What Will Be the Future Impact of These Developments? CSR Is Dead and Millenials Killed it. Job openings pass 7 million for the first time Black Death and other ancient diseases could be re-awakened by climate change, professor warns The Bay Area is so expensive that employees at Apple, Uber, Google, and other tech giants are putting off having kids — and it's a sign of a much larger trend Business Leaders Support Long-Term View of Corporate Governance Headlines From the Corporate Sector - Both Positive & Negative VW’s electric microbuses and Ikea’s furniture servitisation drive: The sustainability success stories of the week 3 brands discuss the bumps along the road to sustainability Headlines Monsanto: judge moves to allow new trial after $289m cancer verdict
Tears For Sears Facebook removes 559 pages ahead of U.S. midterms for spreading news stories using 'coordinated inauthentic behavior' Safety group demands Hyundai, Kia to recall 2.9M cars over reported fire complaints Salads from Whole Foods, Trader Joe's and Walmart Are Being Recalled Over Salmonella Concerns Apple's Tim Cook demands Chinese spy chip story to be retracted by Bloomberg News & Opinion: Asset Managers, Sovereign Wealth Funds, Pension Funds Super Fund could lose half its value as share markets fall EDITORIAL: Will CalPERS finally focus on returns' Fidelity Becomes First Wall Street Firm to Launch Crypto Branch Trading Desk
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G&A Institute Sustainability Update™ Why the Olive Tree and Sustainability? UN IPCC Warns Us: The Time to Act Is Now – The Window For Action on Global Warming is Fast Closing
________________________________________ _________________________________________ Louis Coppola from G&A Institute Goes In Depth on How to Improve ESG Performance
_________________________________________ Governance & Accountability Institute Research FLASH REPORT: 85% of S&P 500 Index® Companies Publish Sustainability Reports in 2017
Using The GRI Sustainability Reporting Framework Improves The Quality of ESG Disclosures - Joint Research From G&A Institute and Baruch College Shows
________________________________________ GRI'S USA, UK & IRELAND
G&A Institute is the Data Partner for the Global Reporting Initiative's (GRI) in the USA, UK and Republic of Ireland. We identify, receive, collect, analyze, database, and communicate about every report issued in any of the 3 countries. Over the past 6+ years, G&A analyzed 6,000-plus sustainability reports in this pro bono role and databased 100+ important data points for each report. Find out more @ G&A's What's A Data Partner
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The Sustainability Highlights eNewsletter is prepared by Governance & Accountability Institute, Inc. based on continuous monitoring of trends and developments in Sustainability and ESG. Governance & Accountability Instiute is the "Sustainability Headquarters™" for clients in the corporate, investment, public and social sectors. Based in New York, G&A is a for-profit consulting organization providing a range of value-added strategies, services and resources related to ESG & sustainability to clients in the corporate and capital markets communities.For G&A's full range of services, click on each of the links below: For more information, contact Governance & Accountability Institute, Inc. | |||||||||||||||
She shares with us 10 top takeaways from the TCFD discussions and includes the comments on key players – Richard Howitt, CEO of the IIRC; Susan Beverly of Abbott; Richa Bajpai of Goodera; GRI’s Pietro Bertazzi (head of sustainable development); Laura Palmeiro of Danone; Professor Donna Marshal at USC College of Business; Mark Lewis at Carbon Tracker; Katie Schmitz Eulitt of the Sustainable Accounting Standards Board; Mairead Keigher of NGO Shift (human rights organization); Daniel Neale at Corporate Human Rights Benchmark; Craig Davies at EBRD (investments); and Andre Stovin at AstraZeneca.
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