Legal & Regulatory News

Climate Disclosure Standards Board launches biodiversity consultation

20 September 2021

On 20 September 2021, the Climate Disclosure Standards Boards (CDSB) opened for consultation its 'Application guidance for biodiversity-related disclosures' (the Biodiversity Guidance). The Biodiversity Guidance builds upon evidence from the CDSB's recent research which concluded a definitive gap in the integration of biodiversity matters into mainstream reporting.

The CDSB has produced the Biodiversity Guidance to assist companies in the disclosure of material biodiversity-related information. The Biodiversity Guidance follows its guidance on climate-related and water-related disclosures and is the third CDSB Framework supplementary application guidance document that is designed to enhance the quality of disclosures for such material matters. The consultation closes on 4 October 2021.

Click here to access the draft consultation.