SSE Climate Disclosure: Making Markets Climate Resilient and Model Guidance on Climate Disclosure
29 June 2021
Action Plan to Make Markets Climate Resilient: How stock exchanges can integrate the TCFD recommendationsThe Action Plan helps exchanges lead a transition to more climate-resilient markets using the various tools available to them. Stock exchanges can help their market to mitigate risks associated with climate change, access growing opportunities and help align climate-related disclosures to global standards and best practices to ensure their markets are both efficient and resilient. The Action Plan is a companion document to the SSE’s Model Guidance on Climate Disclosure, and exchanges are encouraged to use them together as they work on making their markets more climate resilient.
Model Guidance on Climate Disclosure: A template for stock exchanges to guide issuers on TCFD implementationStock exchanges are uniquely positioned to advance climate disclosure through market guidance. They can have a special role in supporting consistency and standardization of information that enables both local and global progress in climate reporting and use of climate-related data. Stock exchanges have the infrastructure, networks and experience to contribute to addressing climate change via capital markets. By working with and learning from their peers, they can be essential in achieving greater climate-resiliency of markets. In order to assist stock exchanges in their efforts to guide issuers on climate-related disclosure, this guidance document includes two parts. First, an introduction on how and why to use this guidance for stock exchanges; and secondly, a template guide and diagnostic checklist that stock exchanges can utilize to develop guidance on climate-related disclosure for issuers. Know more about the SSE Climate Action workstream here.
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.