Climate change: Corporate sustainability disclosures still 'insufficient' for rapid transition, report shows

Executives will join world leaders in calling for rapid climate action to avert a catastrophic outcome at the United Nations’ annual Climate Change Conference in Dubai from Nov. 30 to Dec. 12.


However, a new report shows the world’s largest corporations continue to lag behind their own climate commitments, in part because of the lack of regulation governing risk disclosures.

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The U.S. has sustained 377 weather and climate disasters since 1980

In 2024 (as of March 8), there has been 1 confirmed weather/climate disaster event with losses exceeding $1 billion to affect United States. This was 1 severe storm event. This event resulted in the deaths of 3 people and had significant economic effects on the areas impacted. The 1980–2023 annual average is 8.5 events (CPI-adjusted); the annual average for the most recent 5 years (2019–2023) is 20.4 events (CPI-adjusted).

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Trends Show Companies Are Ready for Scope 3 Reporting with US Climate Disclosure Rule

In March 2022, the United States Securities and Exchange Commission (SEC) proposed a new climate disclosure rule which would require companies registered with the SEC to disclose climate-related information so that investors can consider climate-related financial risks when making investment decisions. This includes physical risks from the impacts of climate change and transition risks from moving to a lower carbon economy, including pressure to reduce greenhouse gas (GHG) emissions.

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Can Ocean Energy Power Carbon Removal?

Atop the Caribbean Sea’s famously pristine waters floats a 5,000-mile-wide heap of rust-colored, brambly seaweed. When that seaweed, a form of sargassum, clumps up on beaches and decomposes, it emits hydrogen sulfide gas (also known as swamp gas), which smells like rotten eggs and, in high doses, can be toxic. For obvious reasons, this seaweed swarm is a huge problem for the Caribbean’s tourism industry and residents—and potentially for Florida, where the heap is headed next.

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SEC adopts landmark climate rule — here's what that means for public companies

For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions.

On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks related to climate change and how those risks affect their bottom lines. Large companies will also be required to disclose their direct emissions from their operations and energy use, known as Scope 1 and Scope 2 emissions.

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‘Super El Niño’ is here, but La Niña looks likely. What’s in store for the coming months

The current El Niño is now one of the strongest on record, new data shows, catapulting it into rare “super El Niño” territory, but forecasters believe that La Niña is likely to develop in the coming months.

One of the main ways scientists determine whether El Niño is present, and a key indicator of its strength, is through ocean surface temperatures. And from November to January, the temperature of the tropical Pacific Ocean where El Niño originates was 2 degrees Celsius warmer than normal, according to NOAA’s Climate Prediction center – a threshold that has only been breached six times on record. It means a very strong El Niño is ongoing.

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