There are multiple initiatives seeking to tackle the challenges of climate change.
The CDP (formerly the Carbon Disclosure Project) runs a global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts.
The Climate Disclosure Standards Board (CDSB) is an international consortium of business and environmental NGOs. CDSB looks to advance and align the global mainstream corporate reporting model to equate natural capital with financial capital. Their reporting framework is a voluntary one designed to elicit climate change-related information of value to investors in mainstream financial reports.
The Global Reporting Initiative (GRI) helps businesses and governments worldwide understand and communicate their impact on critical sustainability issues, such as climate change, human rights, governance, and social well-being. This enables real action to create social, environmental and economic benefits for everyone.
The UNEP FI Principles for Sustainable Insurance (PSI) serve as a global framework for the insurance industry to address environmental, social and governance risks and opportunities. The purpose of the PSI Initiative is to better understand, prevent and reduce environmental, social and governance risks, and better manage opportunities to provide quality and reliable risk protection.
