On 31st January 2022, the Climate Disclosure Standards Board (CDSB) was consolidated into the IFRS Foundation to support the work of the newly established International Sustainability Standards Board (ISSB). While this site and its resources remain relevant for preparers looking to improve sustainability disclosure until such time as the ISSB issues its IFRS Sustainability Disclosure Standards on such topics, no further work or guidance will be produced or published by CDSB. For further information please visit the IFRS website.

Climate Risk

2020: The disruption and the lasting change

Last week the world’s largest asset manager, BlackRock, announced that it voted against 53 companies worldwide due to lack of progress on climate concerns. CDSB’s Senior Technical Officer, David Astley, warns that the “freshness” of climate reporting phenomenon should not be mistaken for fleetingness.

Infographic: What organisations have said about the TCFD

In the past year, CDSB ran a series of webinars and workshops to raise awareness on the TCFD recommendations and climate risk disclosures. This infographic shows some of the key themes that emerged from the conversations with our audience.

Climate risk and TCFD event series

CDSB is organising a series of capacity building workshops and webinars to support rapid, high-quality implementation of the TCFD recommendations.

Australia is waking up to the financial risks of climate change

As Australia’s Senate, Prudential Regulator and Department of Environment and Energy have all looked at climate risk disclosure in the past months, Mardi McBrien shares her views on why climate risk is high on the country’s agenda and what can be done to take it to common market practice.