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  • Writer's pictureWarwick ESG

Sustainability trends that will shape the year of the dragon



  • Nature is gaining attention within business sustainability efforts, especially with upcoming UN nature talks at COP16 in Colombia


  • The Task Force for Nature-Related Financial Disclosures (TNFD) released final recommendations for companies to assess, disclose, and manage nature-related risks, aiming for data comparability


  • The surge in regulatory requirements may slow down voluntary disclosure and other sustainability initiatives

  • The rate of climate change is accelerating at an alarming pace with 2023 being the hottest year ever recorded


  • Businesses will need to continue to build up capacity to deal with physical risks associated with climate change

  • Climate disclosure as a priority in 2024, with key standards like the EU's Corporate Sustainability Reporting Directive (CSRD), the EU's Corporate Sustainability Due Diligence Directive (CSDDD), and the US Securities and Exchange Commission coming into effect


  • Disclosure requirements are leading to a greater emphasis on the quality of corporate climate transition plans

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