To remain within 1.5°C of warming, we must cut global greenhouse gas emissions in half, while completely halting and reversing nature and biodiversity loss by 2030. Historic pledges and commitments have been made since the turn of the decade. However, despite significant progress, rapid, robust and immediate action by governments, corporates, and other non-state actors alike remains desperately needed to accelerate the rate of change. This urgency for collective and transformative action places ESG data as an integral component of the global climate solution. The more we can develop data to be consistent, comparable, and science-based the more we can accurately inform and enhance the allocation of capital needed to accelerate the transition to a 1.5°, resilient and nature-positive economy, while continually pushing the boundaries to enhance ambition and accountability for private sector actors. In this session, CDP, S&P Global and FoSDA will host a dialogue on how ESG data represents the much-needed bedrock for the UN climate agenda, driving ambition of business actions, ensuring credibility of commitments and paving the way towards accountability. The session will explore:
- The pivotal role of ESG data in underpinning the global climate agenda.
- Progress achieved to date and current challenges the ESG data ecosystem faces.
- The relationship between data and accountability to drive action.