The growing prevalence of international climate reporting standards and regulations means that businesses need to know where they stand in relation to a constantly shifting legal landscape.
Task Force on Climate-related Financial Disclosures TCFD reporting is now standard for most companies while Taskforce on Nature-related Financial Disclosures TNFD released its fourth and final framework in March and is expected to launch this year.
For boards everywhere, the regulation to watch will be the ISSB International Sustainability Standards Board which will help define how sustainability and ESG can be quantified on a balance sheet and what data is needed to measure it.
Alphabet soup
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