Corporate Governance

2019-corporate-governance-executive-compensation-survey

Issue link: https://digital.shearman.com/i/1165056

Contents of this Issue

Navigation

Page 16 of 105

Shearman & Sterling LLP The Climate Changes for ESG | 15 TCFD Task Force on Climate-related Financial Disclosures (TCFD) is a global group established by the Financial Standards Board (FSB) at the 2015 G20 summit, in response to a request from the G20. TCFD developed a set of voluntary climate-related financial disclosures designed to be applicable to organizations across industry sectors and jurisdictions to help identify the information required by investors, lenders and insurance underwriters to appropriately assess and price climate-related risks and opportunities. WHAT STANDARDS DID THE COMPANY REFERENCE IN PREPARING ITS MAIN CSR REPORT? 9 11 29 5 4 3 4 1 2 22 GRI SASB TCFD Reports Do Not Identify Standards Reports Identify Standards 29 90 UN SDG Other 3 12 70 48 15 17 United Nations Sustainable Development Goals United Nations Principles for Responsible Investment The United Nations Sustainable Development Goals (UN SDG) are a collection of 17 goals, further developed into 169 targets, adopted by the United Nations Generally Assembly in 2015 for the 2030 Agenda for Sustainable Development. The UN SDGs are a shared blueprint for addressing the most pressing challenges the global community faces, including those related to poverty, inequality, climate, environmental degradation, prosperity and peace and justice. In 2006, the United Nations launched the Principles for Responsible Investment (PRI), which was signed by the heads of leading institutions from 16 countries, representing more than $2 trillion in assets. PRI has specifically aligned their recommended actions with the UN SDGs, highlighting how advancing the UN SDGs are related to sound investment decision- making, capital allocation strategies, corporate governance practices and assessment of the risk landscape. The six overarching principles of the PRI, which are voluntary, are underpinned by a set of 35 possible actions that institutional investors can take to integrate ESG considerations into their investment activities. Note: Greater detail regarding the use of various reporting standards by the Top 100 Companies can be found in "The Survey" section of this Survey under the heading "ESG Disclosure and Governance."

Articles in this issue

view archives of Corporate Governance - 2019-corporate-governance-executive-compensation-survey