That’s the advice to the Dutch Government by the Dutch Scientific Advisory Board on Climate Change. Europe and The Netherlands should show more ambition in reaching climate neutrality.
Systemic changes will be inevitable.
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The Hourglass Approach
Over the years we have been sharing our model on consultative selling. The model helps you to show in a convincing way the value you add to your stakeholders business / position. Also in the context of the Greenhouse Gas challenge that businesses and society face an important approach when interacting with the different stakeholders.
Task force on Climate related Financial Disclosure
In a world where climate change plays a growing role, you can show your stakeholders that they can trust the future and (financial) stability of your business.
The TCFD (Task force on Climate related Financial Disclosure) is a disclosure instrument on greenhouse gas reduction that makes sense to start using (Earlier I posted on the relevance of the SBTi and GHGP for disclosure.)
The TCFD has developed a framework to help public companies and other organizations disclose climate-related risks and opportunities.
The disclosure recommendations are structured around four thematic areas that represent core elements of how companies operate: governance, strategy, risk management, and metrics and targets.
Why can it be relevant for companies to disclose?
· Improve access to capital by increasing investors and lenders confidence that the company’s climate-related risks are appropriately assessed and managed
· More effectively meet existing disclosure requirements to report material information in financial filings
· Increase awareness and understanding of climate-related risks and opportunities within the company, resulting in better risk management and more informed strategic planning
· Address investors demand for climate-related information in a framework that investors increasingly ask for
In order to give financial disclosure in line with the recommendations of the TCFD you can turn to their webpage