Climate-Related disclosures in the Technology Sector: The Current State and Opportunities for Improvement

Assistant Vice President, Asset Stewardship
Global Head of Asset Stewardship, Voting & Engagement

  • Technology companies tend to include climate considerations in their business strategy, financial planning and/or operations, but could improve in communicating the business imperative for managing climate risks.
  • Companies do not have a standard approach for identifying material risks to their businesses (e.g., publishing a company-specific materiality matrix versus reporting against the Task Force on Climate-related Financial Disclosures), making it difficult for investors to analyze sustainability efforts.