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.

CDSB Support Services

Advisory and capacity building support to enhance corporate reporting of climate and environmental information.

Climate and environmental reporting for companies is here to stayInvestors are increasingly required to know the impact of their portfolio as governments look to meet ambitious net-zero and sustainability targets. This has led to growing demand for companies to disclose the environmental and climate-related matters that are material to their business, including future risks and opportunities. 

Are you prepared for regulatory requirements on climate and environmental data? 

Companies should be asking themselves the following questions:  

  • Does your board and senior leadership team understand how climate change, environmental matters, and the oncoming regulatory changes, will impact your business? 
  • Is your current disclosure in line with the recommendations of the TCFD? 
  • What processes for collecting climate and environmental data do you currently have in place?  
  • How quickly can you incorporate climate and environmental information into your mainstream annual report? 
  • Are you in a position to meet investor requests for information, with accuracy and an awareness of the changing reporting landscape? 

What we offer

Capacity building workshops

Our team is highly experienced in running short or longform workshops for organisations looking for training on climate and environmental reporting, for example on the disclosure requirements of the TCFD. Our workshops can cover a number of topics from an initial assessment of current practices, through the various regulatory- and investor-related pressures, to practical advice on how to implement new reporting initiatives. These workshops will be designed to your specification to meet your objectives. 

Gap analysis and disclosure feedback  

Utilising our expert team, we engage in a thorough assessment of your current reporting practices, highlighting current alignment and any weakness that might leave your company exposed to increasing pressure on climate and environmental disclosure. We also provide insight into how your reports align with reporting requirements, for example with the TCFD recommendations. 

Free consultation call 

CDSB can offer a 1-hour consultation call to provide initial guidance on best practice reporting, as well as providing updates on possible changes to reporting requirements and regulatory developments from our policy team.  

Companies headquartered in the EU can receive up to a 100% subsidy on the cost of these services, funded under the EU Life Programme. For further details, please get in touch with us. 

Our experience 

CDSB was set up in 2007 at the World Economic Forum in the absence of a global standard for climate-related reporting. Since then, we have developed a comprehensive framework which companies can use to report on climate-, water-, biodiversity- and social-related issues. Our work has been at the heart of global policy on climate change and environmental reporting for the last fifteen years, and as a result we have unparalleled insight into those issues reporters need to face to make themselves compliant with stakeholder expectations.  

Our Team 

The CDSB team have a wealth of knowledge and expertise from a range of backgrounds, from accountants to environmental specialists. We also work with professionals around the world, who have specialist knowledge on the particulars of disclosure. Through our combined expertise we are able to provide specialist support for your organisation. Take a look at the team here. 

Testimonials  

Steve Ford, Head of Sustainability & EnergyThe GPT Group: 

“The GPT Group engaged CDSB to undertake a gap analysis of our climate disclosure statement and provide feedback on areas for improvement to align with TCFD framework and recommendations. CDSB’s research of our disclosures went well beyond what we had expected and this provided an excellent platform to improve our disclosure, present the findings to our Leadership Team and engage with our Reference Group. The deep dive in their research phase identified a number of pointers and how we could be more aligned with climate-related disclosures throughout our entire reporting suite and their recommendations provided a pathway to a more comprehensive and coherent Climate Disclosure Statement.  Our investors have responded very positively to our latest Statement and we attribute much of the improvement to acting on the review from CDSB.” 

Joseph Friedland, Investment Analyst, Walter Scott & Partners Limited:

"We first reached out to CDSB regarding a TCFD-focused training session after reviewing resources published on their website. Following our initial discussion with Gemma, she communicated with us in order to create a session focussing on the aspects of TCFD and climate-related disclosure that are most relevant to our work as investment managers.

Our training with Gemma and Sundip included an introduction to the CDSB framework, TCFD and scenario analysis, a deep-dive into the TCFD recommendations, real-world examples of current disclosure practice, and a discussion of the disclosure challenges companies face. The sessions were provided in a small group format, and incorporated plenty of time for group discussion, and Q&A. Gemma and her team promptly responded to follow-up questions in the days following our training.

Working with Gemma and the rest of the team at CDSB was a positive experience from start to finish. Our research team came away from the training sessions with a clear understanding of TCFD, and the challenges, risks, and opportunities we face as a result of regulatory changes, and climate related disclosure."