Beyond Disclosures: How to Hold Firms to Account Over Climate Change

What are some of the limitations of the current disclosure frameworks for use by risk managers, and how can we tell when companies are saying one thing but doing another? 

In recent months we have seen climate risk disclosure frameworks, such as the one set out by the Task Force on Climate-related Financial Disclosures (TCFD), increasing in popularity. And whilst these developments are to be welcomed, current recommendations fall short of capturing a complete picture of a firm’s activities.

From a risk management perspective, that can be problematic.

The omission of certain reporting categories, such as an organisation’s voting record or lobbying activities, opens up the potential for firms to greenwash, introducing additional risks and undermining efforts to reach net zero.

That is why in today’s episode we are in conversation with Dylan Tanner, Co-founder and Executive Director of Influence Map, a UK based non-profit working to shine a light on corporate lobbying activities and voting records.

Find out how the work at Influence Map is helping to drive climate action by increasing transparency and accountability across firms in the financial sector and real economy.

• Influence Map’s Website: https://influencemap.org/index.html

If you have any questions, thoughts or feedback regarding this podcast series, we would love to hear from you. Please email us at: climateriskpodcast@garp.com

speaker's bio

Dylan Tanner, Executive Director and Co-founder, Influence Map

As well as having overall responsibility for InfluenceMap's operations globally, Dylan manages the FinanceMap platform. Prior to co-founding InfluenceMap, Dylan established a market-leading environmental consultancy in Tokyo which is now ERM Japan. Dylan grew and led a 50-person team engaging in a wide variety of corporate and technical advisory work in Japan and Asia covering environmental audits, land remediation, corporate sustainability and climate strategies.

Dylan grew up in Japan and is currently living in London. He holds a MSc in Environmental Technology from Imperial College and a PhD in Theoretical Physics and Mathematics from Kings College London. Dylan has an Erdős–Bacon number of 8.