CGI Russia News
European Commission. Management Plan 2020. DG CLIMATE ACTION
The Directorate-General for Climate Action (DG CLIMA) leads the European Commission’s efforts to fight climate change at EU and international level. As presented in the Strategic Plan 2020-2024, the mission of DG Climate Action (DG CLIMA) is toformulate and implement EU climate policies and strategies so that the EU can becometheworld’sfirst climate-neutral and climate resilient continent by 2050.DG CLIMA plays a leading role in developing and facilitating the implementation of cost-efficient policies and legislation to deliver the European Green Deal. The DG promotes innovativedecarbonisationtechnologies to address climate change.
Russian Chapter of Directors’ Climate Forum joins RSPP Committee on Climate Policy and Carbon Regulation as expert
Moscow, 18 November 2020 – The Russian Chapter of the Directors’ Climate Forum has joined the Russian Union of Industrialists and Entrepreneurs’ Committee on Climate Policy and Carbon Regulation as an expert member. The committee was created in October 2020 to...
Race to Zero Dialogues Promote Multilateralism in Climate Action
A ten-day event series, convened by the UNFCCC High-Level Champions for Global Climate Action in collaboration with the Marrakech Partnership, demonstrated how systems’ transformations can be achieved across eight key sectors of the global economy. Participants...
Climate Considerations: Agendas of Audit and Risk Committees
Over the next 15 years most companies are predicted to face new climate challenges, and in 20 to 40 years’ time all companies will Moscow, 17.11.2020 – The Russian Chapter Directors’ Climate Forum, in partnership with Deloitte CIS, hosted the roundtable “How Climate...
UNFCCC Partnership Outlines Sectoral Visions for Net-zero World
The Marrakech Partnership published a report that outlines pathways for climate action across eight key sectors to achieve the Paris Agreement on climate change. The report finds that rapid breakthroughs in the areas of energy, industry, transport, human settlements,...
Major speakers lined up for Green Horizon Summit in London next week
Christiana Figueres, Executive Secretary, UN Convention on Climate Change and Mark Carney, UN Special Envoy for Climate Action and Finance, will be among the key speakers at the Green Horizon Summit in London from 9-11 November. Organised by the World Economic Forum...
Newsletter • October 2020
Information about the past and upcoming events, partnership with PBN H+K Strategies, climate governance news More →
Oversight of OSG – ten questions for boards
by Sydney Posner 28 October 2020 According to Protiviti, in 2019, 90% of companies in the S&P 500 issued separate sustainability reports—not part of SEC filings—and, as of February 2020, over 1,000 companies with an aggregate market cap of $12 trillion have...
Asset managers warned over ‘insufficient’ climate risk reporting
Regulatory task force says clients unable to make informed choices Mattew Vincent Asset managers are not providing enough information about climate risks at the companies they invest in to enable clients to make informed choices, a regulatory task force has warned....
How to reduce the impact of climate risks on business: takeaways from the Russian Chapter roundtable
Moscow, 16 October 2020. - The roundtable “Questions to Assist Non-Executive Director Oversight of Physical Risk Climate Management”, was held on 15 October 2020, hosted by the Directors’ Climate Forum Russian Chapter in cooperation with Deloitte CIS, Acclimatise and...
Newsletter • September 2020
Information about the past and upcoming events, partnership with SKOLKOVO, climate governance news
DLA Piper appointed legal partner to Russian Chapter of World Economic Forum’s Climate Governance Initiative
DLA Piper has been appointed as exclusive legal partner of the Russian Chapter, the local hub for the global platform on climate change that operates under the auspices of the World Economic Forum’s Climate Governance Initiative (CGI).
Russian Chapter –The Climate Forum of Directors launches its work in Russia
The roundtable “Business and Climate Change”, hosted by the Directors’ Climate Forum, a.k.a The Russian Chapter – in cooperation with its intellectual partner, Deloitte CIS and legal partner, DLA Piper marked a successful start for the Chapter in discussing the climate agenda for Russian business, and board directors in particular.
How to Set Up Effective Climate Governance on Corporate Boards
Guiding principles and questions
Chapter Zero: A climate change boardroom toolkit.
Данное руководство было разработано консалтинговой компанией the Berkeley Partnership совместно с Центром по климатическим изменениям Хьюз Холл (Hughes Hall Centre for Climate Change Engagement) в Кембридже для директоров климатического форума Chapter Zero.)
Источники:
https://www.chapterzero.org.uk/directors-climate-competence/
http://www3.weforum.org/docs/WEF_Creating_effective_climate_governance_on_corporate_boards.pdf
The Bank of Russia: The impact of climate risks and the sustainable development of the financial sector in Russia. Report for public consultation
The state structures responsible for regulating corporate relations, the banking and insurance market, and the financial stability of the Russian Federation have prepared a report on the impact of climate risks on the country’s financial sector and its sustainable development.
The report is mainly devoted to climate risks: definitions, types, and impacts on financial institutions in the banking and insurance sectors. It details the tools of climate risk management based on the experience of world insurers, foreign states and companies; a perception of Russian banking regulation of climate risks is being formed. The Climate Change Financial Disclosure Requirements, developed by the Climate Finance Disclosure Working Group (TCFD), are also mentioned.
The global climate threat and Russia’s economy: in search of its own path
Employees of the Skolkovo Moscow School of Management prepared a report on possible steps Russia could take to catch up with world leaders in the fight against climate change.
The research also highlights factors that affect climate change, as well as associated risks and global threats. The report revealed ways to influence the current environmental situation and methods of combating climate change for political groups, social movements, energy companies, businesses, and investors.
CDP Temperature Ratings
In pursuit of the global zero-emissions target for 2050, the CDP has prepared a temperature rating in order to avoid the worst effects of climate change.
The Rating Information Database, which is up-to-date and transparent, covers 4,000 companies, providing detailed analysis of their environmental goals and greenhouse gas emissions data.
Rating data allows users to perform a forward-looking assessment of the corporate risks associated with climate change.
TCFD Status Report 2019
The Climate Finance Disclosure Working Group (TCFD) produced the 2019 Status Report in June 2019.
Inspired by the IPCC report that was published around the same time, the Status Report lists the “necessary urgent and unprecedented changes to achieve the objectives of the Paris Agreement.” The Working Group prepared this report to review the current disclosure practices in terms of TCFD recommendations, highlight the main challenges associated with implementing them, and summarize some of the efforts that the TCFD will be considering in the coming months.
For the report, more than 1,000 large companies in various sectors and regions analysed their own reports over a three-year period. The TCFD also investigated companies’ efforts to implement TCFD recommendations and examined users’ views on the usefulness of climate-related financial information for decision-making.
TCFD Final Report 2017
The Climate Finance Disclosure Working Group (TCFD) published its “Final Report: Recommendations of the Climate-Related Financial Disclosure Task Force” in June 2017.
The TCFD believes that given the current environmental crisis, incorporating climate-related issues into key annual financial documents, practices will allow companies to evolve faster. The Group provides organizations with a framework for better climate-related financial disclosure that can be incorporated into their current reporting practices. In its annual report, the TCFD examines climate risks, opportunities and financial impacts, analyzes climate-related issues, navigates environmental solutions, and identifies key issues and areas for further consideration.
CDP, Global Climate Change Report
The CDP, or Climate Disclosure Project, is a non-profit organization that administers a global disclosure system allowing investors, companies, cities, states, and regions to manage their environmental impact.
In 2019, the CDP published a large-scale report entitled “Major risk or rosy opportunity.” Drawing from the latest data on climate change and 2018 company survey values, the CDP revealed the risks and opportunities that companies may face because of climate change and the potential financial implications thereof.
The Institutional Investors Group on Climate Change (IIGCC)
The Institutional Climate Change Investor Group challenges support and assistance in determining public policies, investment practices, and corporate behavior that take into account long-term risks and opportunities associated with climate change….
United Nations Framework Convention on Climate Change (UNFCCC)
The Un Nations Framework Convention on Climate Change (UNFCC), bringing together 197 countries, aims to prevent “dangerous” human interference in the climate system. To be more specific, the Convention seeks to stabilize the concentration of greenhouse…
The Intergovernmental Panel on Climate Change (IPCC)
The Intergovernmental Panel on Climate Change (IPCC), established in 1988 by the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP) to assess climate change science,…
Carbon Pricing Dashboard
Carbon Pricing Dashboard is an interactive online platform that provides up-to-date information on existing and new carbon pricing initiatives around the world.
WRI 2020 Nationally Determined Contributions (NDCs) Tracker
The countries participating in the Paris Agreement (2015) to achieve its goals are making voluntary commitments to reduce greenhouse gas emissions – nationally determined contributions, in the English version of INDCs (Intended Nationally Determined…
Climate Action 100+ website
One of the 12 key global initiatives to combat climate change, Climate Action 100 is aimed at taking the necessary action to address climate change by the world’s largest corporate sources of greenhouse gas emissions,…
A European Green Deal
The European Green Deal sets its goals: no net emissions of greenhouse gases by 2050; the decoupling of economic growth and resource use; no one and nowhere to stand aside. Creating your own roadmap with actions for…
The strategy for the long-term development of the Russian Federation with low greenhouse gas emissions until 2050
The Russian Ministry of Economic Development has defined a strategy for “long-term development of Russia with low greenhouse gas emissions until 2050.” The draft strategy was sent to the federal executive branch for the approval. Key direction…
Participation of Russia in the Paris climate agreement
On September 21,2019, the Government of the Russian Federation (RF) issued a resolution on the adoption of the Paris Agreement signed by the Russian Federation on April 22, 2016. “The agreement brings together the efforts of the Parties to the Framework Convention of the Organization in a single international legal format…