Climate Disclosure Standards Board

From ACT Wiki
Jump to: navigation, search

Financial markets reporting.


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