The necessity of net-zero disclosure in Corporate Sustainable Reporting

Last week, Eurosif and the UN Principles for Responsible Investment (PRI) sent letters to the EU Commission, Parliament, and Council on the need for upcoming CSR rules to mandate robust disclosures around company transition plans and net-zero commitments.

The two organizations believe companies that have committed to be net-zero by 2050 should be subject to clear, robust disclosure requirements.

Trilogues on the EU Corporate Sustainable Reporting Directive may conclude as soon as May 2022.

Eurosif / UN PRI Press Release:
https://www.eurosif.org/news/joint-sustainable-investment-industry-lett…

On a similar note, 2° Investing Initiative recently published a discussion paper on metrics for measuring the transition to net-zero. Key sustainable finance questions confronted by the paper include:

▶ What metrics can financial institutions use to track exit strategies and transition pathways?
▶ In their net-zero transition, when will oil and gas firms cease to become so and start become some other type of business?
▶ How can transition plans be evaluated and compared?

2dii Discussion Paper:
https://www.greenfinanceplatform.org/research/sailing-sunset-or-chartin…