Climate Change Levy and Climate Disclosure Standards Board: Difference between pages

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(Create page. Source: CDSB webpage https://www.cdsb.net/sites/default/files/cdsb_framework_2.1.pdf)
 
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''Tax and environmental policy - UK.''  
''Financial markets supervision''.


(CCL).
(CDSB).  


The Climate Change Levy is a tax on energy delivered to non-domestic users in the UK, designed to incentivise energy efficiency and to reduce carbon emissions.
The CDSB was formed at the World Economic Forum’s annual meeting in 2007.


The CDSB seeks to standardise environmental information reporting through collaborating, identifying and coalescing around the most widely shared and tested reporting approaches that are emerging around the world.


It applies to most commercial users and public sector bodies.


Domestic, charitable and transport users are generally exempt.
The CDSB Framework therefore adopts relevant principles from existing standards and practices with which business is already familiar.


The G20’s Financial Stability Board convened a Task Force on Climate-related Financial Disclosures (TCFD), which produced its final report in June 2017, establishing recommendations for disclosing clear, comparable and consistent information about the risks and opportunities presented by climate change.


Taxable energy sources include electricity, natural gas, liquefied petroleum gas (LPG) and other sources including coal.
There are significant parallels between the TCFD recommendations and the CDSB Framework, and the CDSB Framework is an essential tool for organisations seeking to implement the TCFD's recommendations.




== See also ==
== See also ==
* [[Cap and trade]]
* [[Financial Stability Board]]
* [[Carbon credits]]
* [[G20]]
* [[Carbon footprint]]
* [[Standard Setting Body]]
* [[Carbon trading]]
* [[Task Force on Climate-related Financial Disclosures]]
* [[Climate change]]
* [[World Economic Forum]]
* [[CRC Energy Efficiency Scheme]]
* [[Emission trading scheme]]
* [[Energy Transitions Commission]]
* [[IPCC]]
* [[Listed company]]
* [[Merit order]]
* [[Streamlined Energy and Carbon Reporting]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Ethics]]
[[Category:Financial_products_and_markets]]

Revision as of 22:52, 8 December 2019

Financial markets supervision.

(CDSB).

The CDSB was formed at the World Economic Forum’s annual meeting in 2007.

The CDSB seeks to standardise environmental information reporting through collaborating, identifying and coalescing around the most widely shared and tested reporting approaches that are emerging around the world.


The CDSB Framework therefore adopts relevant principles from existing standards and practices with which business is already familiar.

The G20’s Financial Stability Board convened a Task Force on Climate-related Financial Disclosures (TCFD), which produced its final report in June 2017, establishing recommendations for disclosing clear, comparable and consistent information about the risks and opportunities presented by climate change.

There are significant parallels between the TCFD recommendations and the CDSB Framework, and the CDSB Framework is an essential tool for organisations seeking to implement the TCFD's recommendations.


See also