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World Economic Forum's Annual Meeting sees launch of new climate change consortium
This new international partnership of seven organisations - called the Climate Disclosures Standards Board, is to establish a generally accepted framework for climate risk-related reporting by corporations. Founding members of the CDSB include the California Climate Action Registry, Carbon Disclosure Project, Ceres, The Climate Group, International Emissions Trading Association, World Economic Forum Global Greenhouse Gas Register and World Resources Institute. CDSB member organisations have agreed to align their core requests for information from companies in order to ensure that they report climate change-related information in a standardized way that facilitates easier comparative analysis by investors, managers and the public.