Preparing Your Organization for Climate Accounting and ESG Reporting
by Masa Maruyama
It wasn’t long ago that sustainability programs and environmental, social and governance (ESG) issues were on the not-doing-now list for most companies. But in the past three years, we’ve witnessed much clearer successes at companies such as Schneider Electric, Boeing, and Schnitzer Steel that achieved tangible business results. In addition, the Securities Exchange Commission (SEC) and the Task Force on Climate-Related Financial Disclosures (TFCD) are issuing guidelines and deadlines for reporting as soon as 2024.
The earlier you start your climate accounting initiative, the more time you have to understand your emissions, identify areas for improvement, and implement strategies to reduce them. Additionally, starting early can help you stay ahead of any future regulations or changes in stakeholder expectations.
This white paper will provide insights and high-level advice on climate accounting, and the data and systems you’ll need in place to be successful.