CFC2017. Sustainability reporting and disclosure: Identifying risks and implementing standards

Investor interest in ESG issues has recently intensified, especially as it relates to company disclosures about climate change risks and remediation strategies. In the Blackrock 2020 letter to client CEOs Larry Fink emphasized long-term value creation and profitability and highlighted the importance of sustainability risk assessment and disclosure. In particular, Fink recommended the industry-specific Sustainability Accounting Standards Board (SASB) standards for reporting on a wide range of issues and the Task Force on Climate-Related Financial Disclosures (TCFD) framework for evaluating and reporting on climate-related risks.

Learning Objectives:

• Recognize the key issues related to sustainability and climate-change reporting in today’s business environment and how these trends may impact your business.
• Examine how leading companies are responding to this increased investor interest in ESG.
• Analyze how SASB’s Materiality Map® and Framework can be used in your organization to assess the potential impact of relevant sustainability issues on the financial condition or operating performance of your company.