Persefoni Expert Publications
White Paper: Making Sense of Climate Disclosure
Learn how to navigate the climate reporting ecosystem with ESG & climate software
Persefoni and Novata have joined forces to bring you this white paper. We have pooled our knowledge to help our shared customer base in the financial sector navigate the sustainability reporting ecosystem, specifically from a climate point of view.
Download this free white paper to learn:
The history of climate disclosures
The needs of information users (regulators, investors, and stakeholders)
How information providers (reporters and software companies) can meet those needs The relevant frameworks to know and understand
How software can help you with your climate disclosures and carbon accounting
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Insights, thought leadership, and the latest news on everything carbon.
What are organizational and operational boundaries?
With the recognition of climate risk as financial risk, the implementation of climate disclosure regulations, and increasing concern from stakeholders, the pressure on organizations to measure their greenhouse gas emissions is growing. This newly discovered demand for enterprises to measure their carbon emissions has led to an increased interest in how to begin the complicated process.
One of the first steps, as defined by the primary framework for carbon accounting, the Greenhouse Gas Protocol (GHGP), is to ensure your processes are aligned with the relevant calculation methods and reporting frameworks. As such, it is critical to define the organizational and operational boundaries of your carbon measurements, which provide a better understanding of what to measure within the operations of an organization.
The 10 Best Carbon Accounting Software in 2022
As the climate crisis accelerates, manual carbon accounting is no longer a viable option. Demand has grown for a digitized solution for emissions disclosure.
The good news is organizations around the world do report carbon data, albeit in disparate ways.
Time to Level the Playing Field
On May 17th, ERM issued a report, Costs and Benefits of Climate-Related Disclosure Activities by Corporate Issuers and Institutional Investors. The report, commissioned by Persefoni and Ceres, surveyed companies and investors and found that the responding companies average $533,000 per year on climate-related disclosure activities. This data is important in the context of the SEC’s proposed climate disclosure rules because it shows that companies aren’t starting from scratch. Many companies are already doing a lot of climate reporting even absent new disclosure rules. What’s more, these costs don’t reflect the use of new technologies, which should reduce reporting costs for companies.