Daily CSR
Daily CSR

Daily CSR
Daily news about corporate social responsibility, ethics and sustainability

Essential Insights: Climate Reporting Webinars Covering CDP Updates and Financial Risk


Significant regulatory changes in both the EU and the U.S. concerning greenhouse gas (GHG) emissions reporting and verification, such as the EU's Carbon Border Adjustment Mechanism (CBAM), Corporate Sustainable Reporting Directive (CSRD), the U.S. Securities and Exchange Commission SEC Climate Disclosure Rule, and CA SB 253 and 261, are reshaping the landscape of climate reporting.

The recent implementation of these measures, coupled with ensuing legal disputes and adjustments, has brought to light a new global business paradigm emphasizing sustainability reporting. Whether propelled internally by strategic investor initiatives or externally by worldwide regulations, climate reporting for organizations and products, alongside reporting on water stewardship, biodiversity, and ecosystem restoration, are becoming indispensable facets of corporate operations.
SCS Consulting Services will conduct a webinar series from April to June, focusing on three areas with immediate impacts on businesses: SEC Climate Disclosures, 2024 CDP Reporting, and Climate Financial Risk.
On April 23, the webinar titled "Understanding the New SEC Rule for Climate Disclosures: What Businesses Need to Do Now!" will address the recent enactment of the U.S. Securities and Exchange Commission's (SEC) climate-related disclosure regulations. Public companies and foreign private issuers are now obligated to incorporate comprehensive climate risk disclosures in their annual reports and registration statements.
The SEC rule introduces comprehensive climate-financial requirements that mirror recent developments in California, Europe, China, and other regions. Navigating this new global regulatory landscape can present challenges for companies subject to multiple jurisdictions and unfamiliar with climate disclosures.
Join SCS Consulting's Managing Director of ESG Consulting, Bonnie Holman, and Senior Technical Project Manager, Eric Olson, on Tuesday, April 23, 2024, at 10:00 a.m. PT/1:00 p.m. ET for a 45-minute in-depth exploration of the new SEC requirements and recommended reporting practices.
This initial webinar will specifically cover:
  • Key aspects of the new SEC climate disclosure rule
  • Companies falling under the rule's purview
  • Mandatory climate risk disclosures, including GHG emissions and assurance
  • Timelines and methods for data collection/reporting
  • Alignment of the SEC Rule with evolving global climate regulatory frameworks and other standards (IFRS S2, TCFD, ESRS)
  • Preparatory steps companies can undertake to comply with the rule
Two more webinars are scheduled for May and June: