Mission and Background 

The Climate Disclosure Standards Board (CDSB) is a consortium of seven business and environmental organizations convened at the 2007 Annual Meeting of the World Economic Forum in response to increasing calls for action from corporations and financial markets to address global warming. The Board is supported by an Advisory Committee and a Technical Working Group. This document provides a summary of CDSB’s mission, governance and work.

CDSB’s mission is to promote and advance climate change related disclosure in mainstream reports through the development of a global framework for corporate reporting on climate change. By working with preparers and users of information, their advisors, regulators and public interest groups, CDSB aims to develop a framework that will elicit comprehensive, consistent and comparable information for investors, offer greater certainty on disclosure requirements for corporations, and thereby provide an influential model for use by national regulators.