Listen to Christoph Töpfer, policy and research officer at the German Environment Agency (UBA).
It’s week two of the 27th UN Climate Conference and Frankly Speaking welcomes Germany's leading expert on business sustainability and climate reporting, Christoph Töpfer from the German Environment Agency (Umweltbundesamt), to talk about draft climate reporting standards in Europe and globally, transition plans (and what must be in it), environmental due diligence and how companies can assess their environmental risks. Listen in and share our conversation!
Please note that this conversation reflects Christoph‘s own views and must not be interpreted as a position of the German federal government.
Topics:
“A transition plan essentially is the strategic tool for translating a commitment into action. So what needs to be in it are GHG emission reduction targets, but also decarbonization levers and governance mechanisms and financing making the plan credible.”
There's very little pressure being applied to companies by investors looking at how they're actually behaving and treating human rights as a core business priority. This needs to change.
Investors shouldn't just take companies' word for what they're doing; they should investigate what the companies are actually doing regarding human rights.
Germany's NewClimate Institute has produced the Corporate Climate Responsibility Monitor report, evaluating the transparency and integrity of climate pledges of 51 major companies across different sectors and geographies.
