edie launches new business guide on net-zero carbon reporting
edie has published a new free guide on reporting for businesses that are looking for advice on measuring and reporting climate impacts in line with the net-zero movement.
The past 12 months have seen thousands of businesses announce net-zero strategies in line with national targets and in response to increased stakeholder pressure. So, what exactly makes a credible net-zero strategy, and - crucially - how should businesses be measuring and reporting their climate impacts to deliver decarbonisation at scale?
Inspired by edie’s award-winning Mission Possible: Net-Zero Carbon campaign, The Business Guide to Net-Zero Carbon Reporting provides a much-needed breakdown of how organisations can measure and report their impacts on the climate, along with the potential impacts of the climate emergency on their own operations, now and in the future.
With the G7 recently agreeing to introduce a mandate on non-financial climate disclosure and more businesses now raising ambitions to set net-zero targets, the corporate reporting sphere is changing yet again.
Produced in association with Carbon Intelligence, the report will provide this insight through the lens of the Task Force on Climate-Related Financial Disclosures (TCFD) and science-based targets – two business-critical enablers of the net-zero carbon transition.
On TCFD, commitments to support its recommendations have skyrocketed by 85% within a year. Some 1,500 organisations, including banks, pension funds, reinsurers, end-user businesses and government departments have vowed to implement the framework.
In the private sector, 60% of the world’s largest 100 companies have now made TCFD-related commitments on measuring, disclosing and responding to climate risk. As such, this document is a timely piece of advice on how this movement will impact carbon reporting.
The document also features real-life case studies on either enabler, from Britvic and Burger King respectively.