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Oct 25th, 2023

Nature-related risks and directors’ duties’ in Australia

Under the Australian Corporations Act, nature-related risks are within the scope of directors’ duties to act with care and diligence, according to a legal opinion. Authored by Sebastian Hartford-Davis and Zoe Bush, the opinion ‘Nature-related risks and directors’ duties’ concluded that nature-related risks to a company should be regarded as foreseeable now, given the large […]

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Sep 29th, 2023

Submission on CAPSA Guideline for Pension Plan Risk Management for Plan Administrators

The Canada Climate Law Initiative appreciates the ambitious nature of the Canadian Association of Pension Supervisory Authorities (CAPSA) Guideline for Pension Plan Risk Management for Plan Administrators, covering foundational pension risk management concepts, including environmental, social, and governance (ESG) considerations, leverage, cybersecurity, investment risk, and use of third parties, all of which are currently priorities […]

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Sep 25th, 2023

Taking a Credible Position on Nature

Human activities are driving an unprecedented loss in nature that has rapidly grown into a crisis. There is growing pressure on companies to publicly acknowledge this crisis, and articulate a credible position on protecting and restoring nature. The Embedding Project’s guide shows you how, including examples from companies that are leading in this space.

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Sep 25th, 2023

Comparison: IFRS S2 Climate-related Disclosures with the TCFD recommendations

Following the Financial Stability Board’s announcement that the work of the Task force on Climate-related Financial Disclosures (TCFD) has been completed—with the ISSB Standards marking the ‘culmination of the work of the TCFD’—the IFRS Foundation published a comparison of the requirements in IFRS S2 Climate-related Disclosures and the TCFD recommendations.

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Sep 19th, 2023

Recommendations of the Taskforce on Nature-related Financial Disclosures

The recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) have been designed to meet the corporate reporting requirements of organisations across jurisdictions, to be consistent with the global baseline for corporate sustainability reporting and to be aligned with the global policy goals in the Kunming-Montreal Global Biodiversity Framework. The TNFD disclosure framework consists of […]

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Sep 5th, 2023

Banks and the net zero transition: Tracking progress with the TPI Net Zero Banking Assessment Framework

Investors, governments and wider society are increasingly considering the role of the financial sector in the transition to net zero. In this context, in June 2023 the Transition Pathway Initiative Global Climate Transition Centre published an investor-led ‘Net Zero Banking Assessment Framework’ to assess banks’ climate progress across 10 key areas. This report presents the […]

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