by Carol A Adams The Task Force on Climate-related Financial Disclosures (hereafter Task Force) was established by the Financial Stability Board (FSB), an international body that monitors the global financial system. Chaired by Michael Bloomberg the UN Secretary-General’s Special Envoy for Cities and Climate Change, it published recommendations in December 2016. The purpose of the […]
The TCFD recommendations: a missed opportunity for harmonisation?
World Forum on Natural Capital kicks off
The World Forum on Natural Capital took off in Edinburgh this morning and was opened with a video of HRH Prince Charles making a heartfelt call to action on accounting for natural capital. He was followed by Nicola Sturgeon, First Minister for Scotland, the Scottish Government being a key sponsor of the event. She spoke […]
Exploring metaphors of capitals and the framing of multiple capitals: challenges and opportunities for IR
by Andrea Coulson, Carol A Adams, Michael Nugent and Kathryn Haynes published in the Sustainability Accounting, Management and Policy Journal The purpose of this paper is to explore the potential of the metaphor of capital, and to chart the development of the multiple capitals concept in the International <IR> Framework and consider how it might develop […]
Just released: new CDSB Framework for reporting on environmental information & natural capital
On June 8th in London the Climate Disclosure Standards Board launched its Framework for reporting environmental infortmation and natural capital. Key features of the Framework are its focus on reporting environmental information linked to strategy, overall performance and financial information in mainstream reports which is useful to providers of capital. A key objective is to ‘enable and encourage […]
The Climate Disclosure Standards Board (CDSB): A response to the consultation draft Framework
by Carol A Adams The Climate Disclosure Standards Board (CDSB) seeks to increase the amount and quality of environmental information included in “mainstream” reports. It is a consortium of eight business and environmental organisations seeking to help investors make informed decisions on the allocation of financial capital in a manner which supports environmental protection. The […]
Divestment backlash shows companies need to improve sustainability reporting
By Carol A Adams Tony Abbott’s criticisms of the ANU’s divestment decision will come back to bite him. The tide of change is such that Vice-Chancellor Ian Young and the ANU Council will be seen as leaders. Others will follow. Abbott has added his voice to a growing chorus condemning the decision by ANU to […]
The real story behind Brazil’s ‘greenest World Cup’
By Carol A Adams This year’s World Cup was supposed to be the “greenest ever”, with FIFA taking measures to account for the event’s greenhouse gas emissions, including an estimated 2.7 million tonnes of carbon dioxide. As the biggest sporting event on the planet, FIFA is under pressure to take its sustainability measures seriously. It […]