Welcome to the IMS Carbon Management, Reporting and Disclosure Resource Centre
SHAPING RESPONSIBLE BUSINESS
IMS Consulting are sustainability strategy, communication and engagement experts, with offices in the UK and France. We develop and deliver sustainability research, reporting and disclosure services for some of the world’s leading responsible businesses.
Welcome to our Resource Centre
What clients say about IMS.TCFD Taskforce for Climate-related Financial Disclosure
SBT Science Based Targets
Developing and Validating your Science-Based Targets
IMS provides support developing targets, applying recognised emissions reduction models and getting your targets approved by the Science-Based Targets Initiative (SBTI).
Obtaining approval from the SBTI can be a complex and time-consuming process. The validation process is thorough and more often than not involves several rounds of communication with the SBTI and revision of targets, making the timescale for approval anywhere between 6 and 18 months. The support of external experts such as IMS Consulting can be invaluable throughout the process.
What if I don’t want to have my targets validated?
A very good question. Many companies that we work with are pressing ahead with a net zero ambition, implementation of an emissions reduction pathway or setting science-based emissions reduction targets that are not SBTI verified.
Why?
Several reasons. Maybe you have a particular plan for reaching net zero, perhaps you don’t want to wait for an approved methodology to be developed, or don’t want to delay implementation of emissions reduction measures while your targets are submitted and approved by SBTI – remember it can take over 12 months.
Our Coffee Break Briefing on Science Based Targets explains, in simple terms, how to set about calculating and implementing science based emissions reduction targets.
GRI Reporting
UN Sustainable Development Goals
Infrastructure investors seeking green assets in wake of Covid-19
31 July 2020 Infrastructure investors seeking green assets in wake of Covid-19 According to a survey by Linklaters, infrastructure investors are set to ramp up their pursuit of green assets, with renewables, digital infrastructure and green real estate highlighted by fund managers as key priorities for investment. The survey, which gathered results from over 300 fund and portfolio managers across […]
A new way to shop which reduces plastic waste
15 July 2020 A new way to shop which reduces plastic waste Loop is an innovative shopping platform which provides consumers with online deliveries in durable packaging that can then be returned and reused rather than binned. In partnership with Tesco, and led by recycling specialists TerraCycle, Loop has brought together a host of leading consumer brands to enable consumers […]
Blackrock takes voting action against companies on climate grounds
14 July 2020 Blackrock takes voting action against companies on climate grounds Whilst Blackrock has historically been accused of greenwashing, in January 2020 CEO Larry Fink announced a strengthening of their climate policies. In a letter to chief executives he said that his firm would avoid investments in companies that “present a high sustainability-related risk” and that the firm would […]
Mark Carney spearheads new taskforce to scale up carbon offsetting markets
3 September 2020 Mark Carney spearheads new taskforce to scale up carbon offsetting markets Former Bank of England Governor Mark Carney is spearheading an initiative to scale up voluntary carbon credit markets, sponsored by the Institute of International Finance. The Taskforce on Scaling Voluntary Carbon Markets will work to take stock of existing voluntary offsetting schemes and identify key challenges […]
Using AI to identify climate risks and opportunities
2 September 2020 Using AI to identify climate risks and opportunities Amazon, Allianz, Microsoft and S&P Global join an open data initiative to harness AI, open source analytics and open data to help better manage climate risks and take advantages of the opportunities offered by the net zero transition, according to an article by BusinessGreen here. The LF Climate Finance […]
Manufacturers aim for carbon-neutral cement by 2050
1 September 2020 Manufacturers aim for carbon-neutral cement by 2050 An article by edie here has reported that a group of the world’s leading producers of cement have issued a new industry commitment to deliver carbon-neutral concrete by 2050. The Global Cement and Concrete Association (“GCCA”) have launched the ‘2050 Climate Ambition’ on behalf of its member companies which sees […]
UK’s largest pension schemes set for mandatory climate risk reporting
27 August 2020 UK’s largest pension schemes set for mandatory climate risk reporting It has long been anticipated that the Task Force on Climate-related Financial Disclosures (“TCFD”) recommendations will become mandatory, certainly for certain organisations. The Department for Work and Pensions (“DWP”) has now said that UK pension schemes of a certain size will be mandated to disclose the climate-related […]
Investor focus on climate change
6 August 2020 Investor focus on climate change As we have reported previously, a new set of climate ratings has been launched by CDP which seeks to help investors to understand which global warming scenarios their portfolios are aligned with. The tool uses data from 4,000 global companies based on targets to cut all GHG emissions in a company’s value […]
CDP’s view on the disclosure and transparency trend
6 August 2020 CDP’s view on the disclosure and transparency trend CDP’s head of investor research Carole Ferguson has outlined her views on how the twin threats of the coronavirus pandemic and the climate crisis is creating a heightened focus on transparency amongst investors and corporates. Her views are captured within a new ESG handbook produced by edie which can […]
Construction Talent
5 August 2020 Construction Talent The Construction Talent Retention Scheme is aimed to protect workers in the construction industry as the UK begins to rebuild itself and emerge from the Covid-19 pandemic. It will be in the form of an online portal, and will advertise construction vacancies to employ workers who may be at risk of redundancy and will help […]
Increased focus on scope 3 carbon emissions
5 August 2020 Increased focus on scope 3 carbon emissions Whilst many organisations have taken action to decarbonise their facilities, operations and purchased energy (Scope 1 and 2 emissions), a significant proportion of their climate impact lies within Scope 3 emissions which are located outside of their direct control. The GHG Protocol defines Scope 3 emissions as “all indirect emissions […]
Apprenticeship schemes and talent retention
4 August 2020 Apprenticeship schemes and talent retention Kimberley Murphy of the Technical Apprenticeship Consortium has voiced her concerns over Rishi Sunak’s training and apprenticeship schemes in her Infrastructure Intelligence opinion article here. She comments that whilst the Government’s support for apprenticeship schemes is welcome – there may be trouble down the line. In the summer economic update on 8 […]
Infrastructure investors seeking green assets in wake of Covid-19
31 July 2020 Infrastructure investors seeking green assets in wake of Covid-19 According to a survey by Linklaters, infrastructure investors are set to ramp up their pursuit of green assets, with renewables, digital infrastructure and green real estate highlighted by fund managers as key priorities for investment. The survey, which gathered results from over 300 fund and portfolio managers across […]
A new way to shop which reduces plastic waste
15 July 2020 A new way to shop which reduces plastic waste Loop is an innovative shopping platform which provides consumers with online deliveries in durable packaging that can then be returned and reused rather than binned. In partnership with Tesco, and led by recycling specialists TerraCycle, Loop has brought together a host of leading consumer brands to enable consumers […]
Blackrock takes voting action against companies on climate grounds
14 July 2020 Blackrock takes voting action against companies on climate grounds Whilst Blackrock has historically been accused of greenwashing, in January 2020 CEO Larry Fink announced a strengthening of their climate policies. In a letter to chief executives he said that his firm would avoid investments in companies that “present a high sustainability-related risk” and that the firm would […]
Mark Carney spearheads new taskforce to scale up carbon offsetting markets
3 September 2020 Mark Carney spearheads new taskforce to scale up carbon offsetting markets Former Bank of England Governor Mark Carney is spearheading an initiative to scale up voluntary carbon credit markets, sponsored by the Institute of International Finance. The Taskforce on Scaling Voluntary Carbon Markets will work to take stock of existing voluntary offsetting schemes and identify key challenges […]
Using AI to identify climate risks and opportunities
2 September 2020 Using AI to identify climate risks and opportunities Amazon, Allianz, Microsoft and S&P Global join an open data initiative to harness AI, open source analytics and open data to help better manage climate risks and take advantages of the opportunities offered by the net zero transition, according to an article by BusinessGreen here. The LF Climate Finance […]
Manufacturers aim for carbon-neutral cement by 2050
1 September 2020 Manufacturers aim for carbon-neutral cement by 2050 An article by edie here has reported that a group of the world’s leading producers of cement have issued a new industry commitment to deliver carbon-neutral concrete by 2050. The Global Cement and Concrete Association (“GCCA”) have launched the ‘2050 Climate Ambition’ on behalf of its member companies which sees […]
