Carbon Tracker Initiative (Carbon Tracker) provided comments on the Tentative Agenda Decision: Climate-related Commitments (IAS 37) to the IFRS Interpretations Committee (Committee).

Climate-related commitments are becoming increasingly common. We consider climate-related commitments as being an important element of a company’s exposure to climate-related risk because it involves the allocation of company resources – for carbon-intensive firms these could be substantial and/ or transformational. 

Please download the file for a detailed response.