UNCTAD and Partners Discuss Corporate Climate Change Reporting Beyond Rio+20

UNCTAD16 March 2012: The UN Conference on Trade and Development (UNCTAD), in collaboration with the Organisation for Economic Co-operation and Development (OECD), the Climate Disclosure Standard Board (CDSB) and the Global Reporting Initiative (GRI), organized a workshop to discuss the challenges of developing a more consistent system of corporate climate change reporting that meets the needs of a green economy, one of the key issues to be addressed at the UN Conference on Sustainable Development (UNCSD, or Rio+20).

The joint workshop was held in Geneva, Switzerland, on 16 March 2012, and consisted of three sessions. The first focused on current practices of corporate climate change reporting. Participants highlighted, among other issues, the respective advantages and disadvantages of voluntary and regulatory reporting schemes, as well as the challenges of moving towards a more consistent reporting system.

The second session, on information needs of a green economy, provided an overview of private sector experiences on climate change reporting that showcased initiatives in developing reporting systems in different sectors.

The final session discussed options and approaches for integrating reporting that could become part of a roadmap towards more consistent, transparent and effective reporting systems in line with the needs of a green economy. [Workshop Website]