Fourteenth International Conference on Climate Change: Impacts & Responses

Abstract

This session explores: the importance of transparency and standardization; common pitfalls of ESG; the necessity for a results-based instead of an effort-based approach; why positive impact matters; thee route towards standardized extra-financial reporting; the global discussion and work around impact/extra-financial standardization; and the five crucial elements to standardization (common impact definition, common impact assessment definition, common positive and negative impact definitions, use of SDGs as a common framework, common contextualized indicators like in IMP framework, and common definitions for Risks, Scale, Depth and Contribution, etc.).