Two hundred thirty-seven companies with a combined market capitalization of over $6.3 trillion have publicly committed to support the Task Force on Climaterelated Financial Disclosures (TCFD). This includes over 150 financial firms, responsible for assets of over $81.7 trillion. The TCFD announced the growing support at the One Planet Summit hosted by French President Emmanuel Macron celebrating the two year anniversary of the Paris Agreement.
Dell Inc. and Lonely Whale will form of a collaborative and open-source initiative called NextWave, convening General Motors, Trek Bicycle, Interface, Van de Sant, Humanscale, Bureo and Herman Miller. NextWave convenes leading technology and consumer-focused companies to develop the first-ever commercial-scale ocean-bound plastics supply chain. Additional supporting members of the group include UN Environment, 5Gyres Institute, Zoological Society of London and New Materials Institute.
On the two-year anniversary of the Paris Agreement, 237 companies with a combined market capitalisation of over $6.3 trillion have publicly committed to support the Bloomberg-led Task Force on Climate-related Financial Disclosures (TCFD). This includes over 150 financial firms responsible for assets of over $81.7 trillion.
The sustainability nonprofit organization Ceres joined forces with investors and partner organizations worldwide today to help launch a new five-year global initiative led by investors to engage with the largest corporate greenhouse gas emitters in North America and around the world to act on climate change. The effort is backed by more than 225 global investors, including nearly 70 North American investors, with USD $26.3trillion in assets under management at the time of launch.
The World Business Council for Sustainable Development (WBCSD) has released the CEO Guide to climate-related financial disclosures. The new guide, written in partnership with the CEOs of 25 WBCSD member-companies, sets out clear actions that CEOs can take to align their organizations with the recommendations of the Taskforce for Climate-related Financial Disclosure (TCFD).
“Schneider Electric’s participation in COP23 has become a tradition for many years. We are in these meetings to better understand stakes, especially for climate change, and to discuss with other stakeholders to find the right solutions.” -- Gilles Vermot Desroches, Senior Vice President, Sustainability, Schneider Electric