In June 2023, the ISSB released finalized standards for sustainability and climate-related disclosures: General Sustainability-related Disclosure (S1) Climate-related Disclosures (S2) The standards became effective as of January 1, 2024.
ISSB issues draft sustainability disclosure standards
ISSB releases exposure drafts for two proposed initial standards to create a “comprehensive global baseline of sustainability-related disclosures designed to meet the information needs of investors in assessing enterprise value” S1 General Requirements for Disclosure of Sustainability-related Financial Information S2
NASA Scientist testifies at a US Senate hearing – “Global Warming has begun”
NASA Scientist James Hansen told the US Senate that global warming was underway. He projected the global temperature increases to come from burning fossil fuels and urged that action be taken to reduce fossil fuel use. This was reported on
Memo to President Nixon – Carbon Dioxide is a problem
In a balanced, carefully written memo, White House Advisor Daniel Patrick Moynihan informed President Nixon that the burning of fossil fuels was increasing the amount of carbon dioxide in the atmosphere. By raising the temperature of the planet, this increase
Green Bonds reach $1 trillion
The total issuance of Green Bonds since their introduction in 2007 reached $1 trillion, as reported in a study by Bloomberg New Energy Finance (BNEF).