Climate-related Financial Disclosure: Definition
Climate-related Financial Disclosures aims to enhance and expand the reporting of financial information related to climate change. Investors and markets require clear, comprehensive, and high-quality information about the effects of climate change to make informed decisions about companies’ climate-related risks. This includes assessing risks and opportunities arising from rising temperatures, climate policies, and emerging technologies in a changing world.
Related Terms
IFRS Sustainability Disclosure Standards
In June 2023, the International Sustainability Standards Board (ISSB) issued its inaugural pair of IFRS® Sustainability Disclosure Standards…
Disclosure standards
Standards for carbon accounting disclosure encompass the guidelines, frameworks, and reporting requisites followed by organisations to transparently and…
1.5°C
The Paris Agreement commits countries to limit global warming to well below 2°C above pre-industrial levels, with an…
AASB
The Australian Accounting Standards Board (AASB) is a government agency in Australia responsible for developing and maintaining financial…
Accreditation
Accreditation refers to the procedure through which an official acknowledgment is bestowed upon a certification body or organisation…