Climate-related Reporting
3R supports clients with CDP submissions and IFRS S2 reporting, building on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and incorporating industry-based disclosure requirements derived from SASB Standards.
With a comprehensive and holistic Climate Service Line, using IFRS S2 as the foundation, we are able to work with organizations to continuously improve their reporting for both internal and external purposes.
We’re a CDP Accredited Solutions Provider
As a CDP Accredited Solutions Provider, 3R has privileged access to CDP insights from over 13,000 companies that respond to the questionnaires. We can assist your organization in analyzing CDP scores and identifying areas for enhancement. Furthermore, we collaborate across various reporting frameworks to support alignment with industry best practices and fulfillment of stakeholder requirements.
Get ahead of regulatory changes
Our team will work with you to integrate the IFRS S2 components (governance, strategy, risk management, and metrics & targets) into your organization so your processes to monitor and manage climate-related risks and opportunities can be built into the way you conduct business.
This proactive approach to climate risk identification and management will ensure that you are positioned to meet current and changing regulatory requirements related to climate-related risks and reporting.
Prepare for California Climate Disclosure
California SB 253 (Climate Corporate Data Accountability Act)
- SB 253 mandates the disclosure of global GHG emissions data by all U.S. business entities whose annual revenue exceeds $1B and that “do business in CA.”
- Scope 1 and 2 emissions will need to be limited assured and reported starting in 2026 (reflective of 2025 data).
- Scope 3 emissions will need to be reporting starting in 2027 (reflective of 2026 data).
California SB 261 (Climate-Related Financial Risk Act)
- SB 261 requires companies to disclose their global climate-related financial risks and measures they have adopted to reduce and adapt to those risks.
- Applies to all public and private companies that “do business in CA” and meet the $500M revenue threshold.
- Companies will need to prepare their reports in accordance with TCFD, or any successor, with the first disclosure due January 1, 2026.
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“3R was amazing to work with. The team assigned to my project were personable, knowledgeable, and did a great job of making very complex process simple to understand.”
—3R Climate Reporting Client