In the face of higher requirements brought by the benchmark standard of sustainable information disclosure, we suggest that enterprises should prepare knowledge and cultivate sustainable disclosure capabilities in advance, understand and study the applicability of their own enterprises, and plan and establish sustainable information disclosure plans that meet the requirements of the rules as early as possible. We suggest that you can follow the following steps:
1. Establish and continuously optimize governance approaches for sustainability-related risks and opportunities
(1) Identify the governance body responsible for sustainability disclosure and related matters;
(2) Clarify the specific duties and requirements of the governance body for sustainable disclosure matters, as well as the roles, responsibilities and ways of performing duties of each member of the governance body.
(II) Integration of ESG strategies
(1) Integrate sustainable disclosure of climate-related risks and opportunities into the ESG strategy system and integrate it with the overall corporate strategy;
(2) Improve the sensitivity of identifying relevant risks and opportunities, and enhance the company's ability to adapt to the uncertainties brought about by climate risks and other sustainability risk factors.
3. Process for developing a sustainable disclosure framework
(1) Actively communicate with internal and external stakeholders to clarify the interests of all parties.
(2) Compare the company’s existing disclosure basis with the Guidelines and other international standards to identify any deficiencies.
(3) Master the data and corresponding calculation formulas that need to be disclosed for climate information, climate scenario analysis, and professional analysis of greenhouse gas accounting, and establish a sound internal control system to supervise the disclosure of information.
(4) Complete the talent pool for sustainable information disclosure, rationally allocate internal resources, and strengthen inter-departmental cooperation.