This session was designed to help attendees gain a better understanding of what seems to be a growing list of climate-related reporting standards and regulations. 3R’s Climate Reporting experts, Sara Diamond, MEM, SEA, Megan Tarrant, MBA, SEA, discussed the main differences between formerly used climate disclosures, TCFD, and the new IFRS S2 standard as well as provided insight into the new California Climate Ruling (SB 261). Jump to the section you’re interested in:
(2:53) IFRS Sustainability Disclosure Standards
(4:36) Importance of climate reporting
(6:48) TCFD alignment with IFRS
(7:17) Major additions or classifications differences in IFRS 2
(11:04) IFRS First year reporting transition relief
(12:29) California ruling
(16:11) California SB 261
(17:20) California SB 253
(18:27) GHG emissions assurance
(20:05) GHG metrics & targets requirements
(23:00) How 3R helps clients prepare for this reporting
(25:22) Who falls under these regulations and what are the repercussions of not following them?
(33:34) How can companies stay informed about regulatory updates