Sam Telleen’s Post

The SEC has taken a bold step forward with its final rule on climate risk disclosure, a game-changer for publicly traded companies. In the face of climate change's escalating costs to our economy, this rule mandates a clear, standardized reporting of climate risks by publicly traded companies. It's a move designed to equip investors with critical, comparable insights into how climate risks might impact a company's financial health, demonstrating the Commission’s ongoing commitment to transparency and informed decision-making for investors. Beyond the basics, the rule emphasizes the importance of transition plans, encouraging companies to detail their strategies for reducing emissions and aligning with global net-zero goals. While the rule has sparked debate for not including Scope 3 emissions reporting, it nevertheless represents a crucial step towards accountability and environmental stewardship in the corporate sector. For a deeper dive into the implications of the, check out this article from WWF Sustainability Works: https://lnkd.in/eHhzfpKS

We've been exploring how companies are progressing on their climate action plans, Doorda now has the data to help track these efforts. By pulling in data from the Science Based Targets initiative (SBTi), we can provide clear insights into how businesses are advancing their ESG commitments. It’s a fantastic resource for staying informed on corporate sustainability. #ESG #ClimateAction #Sustainability #ScienceBasedTargets

Curious about how companies are progressing on their climate action plans? You can now track their journey towards sustainability with Doorda! By integrating data from the Science Based Targets initiative (SBTi), Doorda offers insights into how businesses are advancing their ESG (Environmental, Social, and Governance) commitments. Stay informed, extend your understanding, and explore the tangible steps companies are taking to address climate change. #ESG #ClimateAction #Sustainability #ScienceBasedTargets #CorporateResponsibility

There’s a lot of confusion and controversy swirling around the issue of climate disclosure: how much companies are mandated to tell the public about emissions they directly and indirectly generate. The controversy is now so thick that it has become a smokescreen, blocking a clear look at this issue. It’s important for sustainability professionals to know the facts and also understand how policy on disclosure can help drive the change we need to address our climate crisis. Read the full article by Deborah McNamara and Bill Weihl of ClimateVoice.

Are corporate 2030 climate plans fit for purpose? Latest edition of the Corporate Climate Responsibility Monitor (CCRM) reveals major ambition gaps: > Commitments are lacking: median 'absolute emissions reduction' commitments for assessed companies as little as 30% by 2030! > Remember, for near-term targets we need to hit -48% emissions (against 2019 levels) by 2030, or sooner! "The urgency of setting the *right targets*, and meeting them, cannot be overstated, as failure to do so not only jeopardises our collective chances of bringing about positive change but also sends the wrong signal to the world, regarding the commitment of corporations to climate action." >> Consequences of corporate inaction extend beyond the immediate future, posing threats to both the social fabric + economic stability. Bottom line: Setting and meeting the right 2030 targets is not only a matter of environmental responsibility, it is also a strategic imperative for mitigating risks, and averting catastrophic tipping points. Key recommendations for companies: > Fully track and disclose all emissions. > Take responsibility for all emissions - through the entire value chain, with ambitious financial support, and only invest in high-quality CDR. > Reduce emissions with concrete + ambitious mitigation actions, across entire company. > Use only authentic climate communications, no greenwashing! > Be one step ahead - rethink business models for sustainability, durability and re-use. We don't have time for half-measures: we need to go all-in for climate action across business, government and society. Courageous leadership is essential! #ClimateCrisis #ClimateAction #CCRM #CourageousLeadership #NetZero #Investment https://lnkd.in/ecC2c7ex

Are corporate 2030 climate plans fit for purpose? Latest edition of the Corporate Climate Responsibility Monitor (CCRM) reveals major ambition gaps: > Commitments are lacking: median 'absolute emissions reduction' commitments for assessed companies as little as 30% by 2030! > Remember, for near-term targets we need to hit -48% emissions (against 2019 levels) by 2030, or sooner! "The urgency of setting the *right targets*, and meeting them, cannot be overstated, as failure to do so not only jeopardises our collective chances of bringing about positive change but also sends the wrong signal to the world, regarding the commitment of corporations to climate action." >> Consequences of corporate inaction extend beyond the immediate future, posing threats to both the social fabric + economic stability. Bottom line: Setting and meeting the right 2030 targets is not only a matter of environmental responsibility, it is also a strategic imperative for mitigating risks, and averting catastrophic tipping points. Key recommendations for companies: > Fully track and disclose all emissions. > Take responsibility for all emissions - through the entire value chain, with ambitious financial support, and only invest in high-quality CDR. > Reduce emissions with concrete + ambitious mitigation actions, across entire company. > Use only authentic climate communications, no greenwashing! > Be one step ahead - rethink business models for sustainability, durability and re-use. We don't have time for half-measures: we need to go all-in for climate action across business, government and society. Courageous leadership is essential! #ClimateCrisis #ClimateAction #CCRM #CourageousLeadership #NetZero #Investment https://lnkd.in/eQpJSuwZ

There are 3 primary reasons why disclosure rules can help accelerate climate policy progress: 1. The hill is about to get steeper for sustainability tracking and reporting 2. Companies need robust information to plan for the future 3. Our corporate sector will lag behind the world Read more from Deborah McNamara and Bill Weihl of ClimateVoice.

As businesses experience rising pressure from customers, investors and sustainability regulations, it’s critical that the collective C-Suite takes responsibility for driving climate action. Whichever individual is accountable for implementing and supporting climate measures, business leaders play a vital role in supporting a business in achieving its climate goals. #climateaction #csuite #sustainability

In case you missed it, discover how your business can excel in environmental reporting and lead the charge in sustainability with EY's expert insights on ESRS E1 implementation. Seize the blueprint for a greener future 🌿💼 #Sustainability #ClimateAction #CorporateSustainability #EY #ESRSE1

There’s a lot of confusion and controversy swirling around the issue of climate disclosure: how much companies are mandated to tell the public about emissions they directly and indirectly generate. The controversy is now so thick that it has become a smokescreen, blocking a clear look at this issue. It’s important for sustainability professionals to know the facts and also understand how policy on disclosure can help drive the change we need to address our climate crisis. Here are a *3* primary reasons why disclosure rules can help accelerate climate policy progress: 1️⃣ The hill is about to get steeper for sustainability tracking and reporting 2️⃣ Companies need robust information to plan for the future 3️⃣ Our corporate sector will lag behind the 🌎 In their latest column, Deborah McNamara and Bill Weihl unpack why disclosure is such an important element of public policy on climate – and touch on what you can do to support progress.👇