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2 June 2023Product Disclosure StatementBetashares Climate Change InnovationETF ASX: ERTHBetashares Capital Ltd ABN 78 139 566 868 | AFSL 341181IMPORTANT INFORMATION About this PDS This Product Disclosure

How to fill out climate-related financial disclosure

How to fill out climate-related financial disclosure

1. Start by gathering all relevant climate-related financial information and data.
2. Identify the appropriate framework or guidelines to follow for the disclosure. This could include internationally recognized initiatives such as the Task Force on Climate-related Financial Disclosures (TCFD) or industry-specific standards.
3. Understand the required scope and content of the disclosure. Different frameworks may have varying requirements for reporting on climate-related information.
4. Prepare the necessary documentation and reports to support the disclosure. This may involve analyzing the climate-related risks and opportunities of the business, as well as outlining the strategies and actions taken to address them.
5. Ensure the disclosure is accurate, clear, and transparent. It should provide stakeholders with a comprehensive understanding of the organization's approach to climate-related financial impacts.
6. Review and validate the disclosure before finalizing it. This step is crucial to ensure the information provided is reliable and meets the expectations of relevant stakeholders.
7. Publish the climate-related financial disclosure through appropriate channels, such as company websites, regulatory filings, or sustainability reports.
8. Periodically update and review the disclosure to reflect any significant changes in the organization's climate-related financial positions or strategies.

Who needs climate-related financial disclosure?

1. Climate-related financial disclosure is relevant for various stakeholders, including but not limited to:
2. - Companies and organizations, especially those with significant climate-related risks or opportunities that can impact their financial performance.
3. - Investors and asset managers who consider climate-related factors as part of their investment decisions and seek transparent information to assess the financial implications of climate change.
4. - Lenders and financial institutions who need to understand the climate-related risks and opportunities associated with providing financing or insurance.
5. - Regulators and policymakers who aim to promote sustainability and climate resiliency in the financial sector by requiring adequate disclosure.
6. - Customers and consumers who value transparency and want to make informed choices based on the climate-related impacts of the products or services they use or purchase.
7. - Non-governmental organizations (NGOs), research institutions, and other third-party organizations interested in assessing the environmental, social, and governance (ESG) performance of companies.
8. In summary, climate-related financial disclosure is essential for any entity that wants to demonstrate its commitment to addressing climate change, manage associated risks, and capitalize on the opportunities presented by a transition to a low-carbon economy.

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What is climate-related financial disclosure?

Climate-related financial disclosure refers to the reporting of the financial impacts and risks associated with climate change on a company's operations, performance, and governance. It involves transparency about how climate factors may affect a company’s financial condition and performance over the short, medium, and long term.

Who is required to file climate-related financial disclosure?

Typically, publicly listed companies and certain large private companies are required to file climate-related financial disclosures. The requirements can vary by jurisdiction, but regulators, such as the SEC in the United States, have been increasingly mandating such disclosures for companies based on their size and industry.

How to fill out climate-related financial disclosure?

Filling out climate-related financial disclosure typically involves gathering data on climate-related risks, setting a reporting framework (such as TCFD or SASB), assessing the potential financial impacts, and presenting this information in a clear, concise format in the company’s annual report or a separate sustainability report.

What is the purpose of climate-related financial disclosure?

The purpose of climate-related financial disclosure is to provide investors and stakeholders with relevant and timely information about the potential financial impacts of climate change on a company. This aims to enhance transparency, improve risk management, and facilitate informed decision-making regarding investments.

What information must be reported on climate-related financial disclosure?

Information that must be reported typically includes governance structures related to climate risk, assessment and management of climate-related risks and opportunities, metrics used to assess climate-related risks, and targets for reducing greenhouse gas emissions or achieving sustainability goals.