Ideas

Climate Disclosure Standards Board

Communicating climate change
in mainstream reports



Publisher

Climate Disclosure Standards Board (CDSB)

Online

http://www.cdsb.net/Framework

Climate change presents risks and opportunities to companies, investors and society. We need more and better disclosure to make sense of these risks and opportunities. While many companies have begun reporting publicly on some of their climate change impacts and strategy, these disclosures need to integrate with mainstream financial reporting.


The Climate Change Reporting Framework, issued by the Climate Disclosure Standards Board (CDSB) in 2010 and updated in 2012, provides a new basis for reporting on climate change specifically for investors. We developed and wrote a User Guide to the framework, designed to help reporters understand the concepts and processes that comprise the framework, and demonstrate good practices.

The user guide focuses on a simple four-step process:


1

Determination
Evaluate what climate change disclosures to include in a mainstream report


2

Preparation
Set a clear foundation as you develop the content


3

Presentation
Collect the most useful disclosures for investors, and ensure they are comparable, positioned correctly in a report, and can be adequately interpreted.


4

Review
Check the disclosure is accurate, complete, reliable and relevant