Exchange in Focus: The London Stock Exchange introduces new climate reporting guidance for issuers
22 October 2021
Understanding climate risk and opportunityThe LSE’s guide highlights the needs of global economy to undergo an industrial transition to rapidly decarbonise, with huge implications for business and the investment community. The finance and investment sectors are also in the spotlight, given their critical role of mobilising finance in support of the transition to net-zero. This guide complements LSEG’s ESG guidance report, which walks the reader through eight key principles to deliver best practices with a focus on climate disclosure principles through the prism of the TCFD recommendations and the latest state of investor and regulator engagement. Some, such as strategic relevance, via scenario planning, materiality in relation to TCFD-aligned disclosures and Green Revenue reporting driven by the rise of taxonomies, are central to climate disclosure and are covered in depth. Others are of similar relevance – effective communication using recognised frameworks with investment-grade data applies equally to climate and broader ESG reporting. A global hub for sustainable finance, the London Stock Exchange has supported investors and issuers in the transition to a low-carbon and sustainable economy for over a decade. LSEG is also working with the UN SSE to produce comprehensive education resources including training videos and webinars to help London listed companies understand and implement TCFD.
Interested to provide free TCFD training to your market?Find out more and reserve a free training for your market please contact: email@example.com
About the SSE
The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.