The MCCG 2021 requires the Board to take appropriate action to ensure they stay abreast with and understand the sustainability issues relevant to the company and its business, including climate-related risks and opportunities.

Greenwashing is one of the biggest challenges that companies face in adopting this climate recommendation. Companies are being called out for perceived half truths or simply blatant lies. Does the adoption of the TCFD framework help address this issue? A second challenge is trust. This must surely be a key impact that companies would like to achieve from climate disclosures. But how do you measure trust?

Finally, climate reporting lacks a common language in the form of output/Outcome/Impact. Companies need everyone to have a common language to move forward in climate communications with stakeholders. The speaker will address these challenges and provide practical solutions to deal with them.