- Hocine Kebli, Vincent Papa, Lina Lemessiou
The first project of the European Lab was on climate-related reporting.
The members of the European Lab PTF on Climate-related Reporting (PTF-CRR) were appointed by the European Lab SG in February 2019.
The primary focus of the PTF-CRR was on identifying good reporting practices and assessing the level of maturity in the implementation of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, while also taking into consideration the climate-related reporting elements of the EU Non-financial Reporting Directive and the related European Commission non-binding guidelines.
The project addressed two areas: a general review of climate-related disclosures, and an in-depth review of scenario analysis reporting.
As part of the process the PTF-CRR engaged in dialogue with interested stakeholders, with a view to get practical insights on good reporting practices.
The project resulted in a report on How to improve climate-related reporting - A summary of practices from Europe and beyond that was published on 6 February 2020.