WTW Climate Reporting Comparative Table: Fall 2024 update

To keep pace with the continuing evolution of climate reporting across the world, we regularly update our Climate Reporting Comparative Table and reflect on the latest developments in global climate disclosures.

The table provides an actionable overview of the overlaps and differences between several important climate reporting regimes, including:

• The International Financial Reporting Standards’ (IFRS) International Sustainability Standards Board’s (ISSB) S1 and S2
• The Financial Stability Board (FSB)’s Task Force on Climate-related Financial Disclosures (TCFD)
• The Securities and Exchange Commission (SEC) Climate Rule to standardize climate-related disclosures for investors in the US
• The Corporate Sustainability Reporting Directive (CSRD), alongside the EU Taxonomy common classification scheme for sustainable economic activities.

Our Climate Reporting Comparative Table: Fall 2024 update includes details on:

• Increasing interoperability between climate reporting regimes
• Recent developments on climate disclosure globally and in local jurisdictions
• Further refinements around comparing materiality requirements between different climate disclosure requirements.

To access WTW’s latest Climate Reporting Comparative Table, please download WTW’s Climate Reporting Comparative Table: Summer 2026 update.

To find a smarter way to identify, quantify and manage your climate risks and opportunities, speak to a WTW Climate specialist.