ESG/Sustainability

For at least a decade or so, hearing that they need to be better stewards of our planetary environment, many companies have responded with public and investor relations campaigns showcasing their environmental virtues. Unfortunately, many of the alleged virtues are exaggerated, misleading or outright falsehoods. Critics call it “greenwashing”.

A mere four months ago, International Financial Reporting Standards (IFRS) S1 and S2 were issued by the International Sustainability Standards Board (ISSB). For the first time, a major global entity with the authority to mandate corporate disclosures issued a wide array of sustainability reporting standards.

By Michael Kraten, PhD, CPA Data analysts who develop flood risk models for property insurers, land developers, and government zoning officers have a new variable to plug into their data sets. Climate Tipping Points (CTPs) are now becoming important factors in risk forecasts. The two most famous CTPs, of course, were introduced to the general public during the 2015 United…

“Season’s Greetings” to our readers and everyone else on our planet. This is the time of year when joy, goodwill and appreciation resonate in the hearts and minds of billions of people, and families and friends are reunited around the world.

Business lobbyists, in their efforts to persuade regulators to decline to require Scope 3 carbon emission disclosures, have been leaning heavily on the argument that the category is inherently impractical because it double-counts what it purports to measure. The argument, though, has failed to prevent the State of California from adopting that very disclosure requirement.

On November 14, 2023 The United States Government released the Fifth National Climate Assessment (NCA5), a report on climate change impacts, risks and responses in the United States.

Consider, for a moment, the supply chain that must be employed to produce and sell cups of coffee to morning commuters at a drive through service window. How many factors must the coffee bar’s analyst include in the process flow analysis?

Moody’s 2022 TCFD Report discloses environmental performance metrics in accordance with the policies and standards of the Task Force for Climate-Related Financial Disclosures. In its 47 page PDF document, Moody’s employs the phrase “Science Based” 26 times to describe its targets or standards.