The Climate Disclosure Standards Board (CDSB) released new guidance to assist companies’ identification and evaluation of material water-related financial information for integration into their mainstream reporting and preparation of associated disclosures. The guidance, which maps CDSB requirements to the TCFD and existing water reporting standards and which is designed to supplement the CDSB Framework for reporting environmental and climate change information, focuses on the first six reporting requirements of the CDSB Framework. For each of the six reporting requirements, the guidance provides a checklist, including suggestions for making effective water-related disclosures; detailed reporting suggestions and guidance; relevant external resources; and good practice examples of mainstream water reporting.
A complimentary online course based on the guidance is available on the TCFD website here (see “Water-related disclosure”).
See this ESG Investor article and additional information & resources on our Sustainability page.
This post first appeared in the weekly Society Alert!