The moment of truth for the CFO and society
Over the past 10 years, discussions around the Chief Financial Officer’s role in sustainability have been largely symbolic.
Tag: Redefining Value
New report and online platform supporting climate scenario analysis helps business assess strategic resilience through the energy transition
Geneva/London, 23 March 2022: Today, through collaboration with the World Business Council for Sustainable Development (WBCSD), leading companies across the energy system release a new report and an online platform supporting an approach to climate-related scenario analysis, responding to recommendations from the Task Force on Climate-Related Financial Disclosure (TCFD). The suite of resources launched today […]
First iteration of TNFD framework released for public consultation
Geneva/London, 15 March: The Taskforce on Nature-related Financial Disclosures (TNFD) has today released the beta version (“version 0.1”) of its risk management and disclosure framework for nature-related risks and opportunities. The version 0.1 of the TNFD framework is open to public consultation following TNFD’s open innovation approach. TNFD, the World Business Council for Sustainable Development (WBCSD) and other […]
An enhanced assessment of risks impacting the food and agriculture sector
WBCSD and KPMG release An enhanced assessment of risks impacting the food and agriculture sector, which provides updated analysis on new risk dimensions impacting the food and agriculture sector and how companies can best manage these complex, inter-connected risks.
WBCSD and WWF join forces to accelerate business action on nature, with focus on deforestation and overfishing
Last year marked a turning point for nature – protecting our forests, grasslands, and oceans has become a business-critical issue for companies around the world.
Nestlé announces innovative plan to tackle child labor risks, increase farmer income and achieve full traceability in cocoa
Nestlé today announced a new plan to tackle child labor risks in cocoa production.
WBCSD partners with TNFD alongside leading science and industry bodies
Geneva/London, 25 January 2022: The World Business Council for Sustainable Development (WBCSD) is pleased to announce it is working with the Taskforce on Nature-related Financial Disclosures (TNFD) as part of a multi-disciplinary group of leading international organisations that will support the TNFD’s task of developing a risk management and disclosure framework for nature-related risks. This framework will […]
Managing global risks: six lessons on enterprise risk management from over 250 companies
There is a growing spotlight on sustainability and environmental, social and governance (ESG) issues.
Business and finance must both work together to build a pathway to a successful sustainable transition
WBCSD’s Vision 2050 – Time to Transform and WBCSD’s 2022-2027 Strategy highlights that the journey to sustainability requires a reinvented response to environmental and social megatrends and challenges to drive the development of resilient and regenerative companies and economies.
Leading financial market participants call for stronger alignment of regulatory and standard setting efforts around sustainability disclosure
Investors, companies, and the accountancy profession all benefit from simplicity and alignment, serving the public interest Clear, comprehensive and comparable disclosure of sustainability-related information is one of the foundational building blocks of a well-functioning global financial system. Financial market regulators should seize this historical and fast-closing window of opportunity to get it right by ensuring […]