Climate-Related Financial Disclosures : Thematic Module in the Integrated State-Owned Enterprises Framework (iSOEF)

Climate-Related Financial Disclosures : Thematic Module in the Integrated State-Owned Enterprises Framework (iSOEF)

The current iSOEF provides guidance on assessing SOE performance in an economy. Thisincludes the rationale for SOEs and their economic outcomes, operational efficiency, and corporate governance, as well as effective government oversights on these e...

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Main Author: World Bank
Format: Working Paper
Language:English
en_US
Published: Washington, DC 2022
Subjects:
STATE-OWNED ENTERPRISES
CLIMATE CHANGE ADAPTATION
CLIMATE CHANGE MITIGATION MEASURES
DIAGNOSTIC MATRIX
CLIMATE-RELATED FINANCIAL DISCLOSURES
CLIMATE GOVERNANCE
Online Access:http://documents.worldbank.org/curated/en/099005209022238382/P172569043e9280b40b07e095d796826434
http://hdl.handle.net/10986/37961
id okr-10986-37961
recordtype oai_dc
spelling okr-10986-379612022-09-07T05:10:34Z Climate-Related Financial Disclosures : Thematic Module in the Integrated State-Owned Enterprises Framework (iSOEF) World Bank STATE-OWNED ENTERPRISES CLIMATE CHANGE ADAPTATION CLIMATE CHANGE MITIGATION MEASURES DIAGNOSTIC MATRIX CLIMATE-RELATED FINANCIAL DISCLOSURES CLIMATE GOVERNANCE The current iSOEF provides guidance on assessing SOE performance in an economy. Thisincludes the rationale for SOEs and their economic outcomes, operational efficiency, and corporate governance, as well as effective government oversights on these enterprises and options for reforming the sector. The iSOEF takes a modular approach, allowing for a flexible application according to the specific country context and development needs. Modules 1–4 address the role of SOEs in the market, their fiscal and distributional implications, and their corporate governance and accountability mechanisms. Module 5 takes a sectoral perspective, focusing on state-owned financial institutions. Finally, three thematic modules address cross-cutting factors, such as corruption risks, political economy considerations, and communication strategies. Each module contains additional analytical tools, matrices, questionnaires, key indicators, and other analytical instruments to be used for diagnostics and assessment. This diagnostic matrix proposes the inclusion of (i) a new thematic module in the iSOEF to facilitatean assessment and consideration of climate-related management and financial disclosure, and(ii) a question on climate-related financial disclosures under Module 4: Financial Accountability,Controls, and Transparency, or “non-financial reporting.”. This latter question is appropriateto indicate the scope of the non-financial reporting concept and to ensure that the iSOEF isadequately addressing it in both theory and practice. This diagnostic matrix is structured as follows. Chapter 1 sets the scene on why SOE regulators and SOEs should focus on climate change, why a diagnostic matrix is essential, and why a separate thematic module. Chapter 2 sets out the iSOEF Thematic Module on SOE Climate Related Financial Disclosures, articulating the specific assessment steps. 2022-09-06T18:42:24Z 2022-09-06T18:42:24Z 2022-06 Working Paper http://documents.worldbank.org/curated/en/099005209022238382/P172569043e9280b40b07e095d796826434 http://hdl.handle.net/10986/37961 English en_US Climate Governance Papers; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Working Papers Working Papers :: Other Papers World
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic STATE-OWNED ENTERPRISES
CLIMATE CHANGE ADAPTATION
CLIMATE CHANGE MITIGATION MEASURES
DIAGNOSTIC MATRIX
CLIMATE-RELATED FINANCIAL DISCLOSURES
CLIMATE GOVERNANCE
spellingShingle STATE-OWNED ENTERPRISES
CLIMATE CHANGE ADAPTATION
CLIMATE CHANGE MITIGATION MEASURES
DIAGNOSTIC MATRIX
CLIMATE-RELATED FINANCIAL DISCLOSURES
CLIMATE GOVERNANCE
World Bank
Climate-Related Financial Disclosures : Thematic Module in the Integrated State-Owned Enterprises Framework (iSOEF)
geographic_facet World
relation Climate Governance Papers;
description The current iSOEF provides guidance on assessing SOE performance in an economy. Thisincludes the rationale for SOEs and their economic outcomes, operational efficiency, and corporate governance, as well as effective government oversights on these enterprises and options for reforming the sector. The iSOEF takes a modular approach, allowing for a flexible application according to the specific country context and development needs. Modules 1–4 address the role of SOEs in the market, their fiscal and distributional implications, and their corporate governance and accountability mechanisms. Module 5 takes a sectoral perspective, focusing on state-owned financial institutions. Finally, three thematic modules address cross-cutting factors, such as corruption risks, political economy considerations, and communication strategies. Each module contains additional analytical tools, matrices, questionnaires, key indicators, and other analytical instruments to be used for diagnostics and assessment. This diagnostic matrix proposes the inclusion of (i) a new thematic module in the iSOEF to facilitatean assessment and consideration of climate-related management and financial disclosure, and(ii) a question on climate-related financial disclosures under Module 4: Financial Accountability,Controls, and Transparency, or “non-financial reporting.”. This latter question is appropriateto indicate the scope of the non-financial reporting concept and to ensure that the iSOEF isadequately addressing it in both theory and practice. This diagnostic matrix is structured as follows. Chapter 1 sets the scene on why SOE regulators and SOEs should focus on climate change, why a diagnostic matrix is essential, and why a separate thematic module. Chapter 2 sets out the iSOEF Thematic Module on SOE Climate Related Financial Disclosures, articulating the specific assessment steps.
format Working Paper
author World Bank
author_facet World Bank
author_sort World Bank
title Climate-Related Financial Disclosures : Thematic Module in the Integrated State-Owned Enterprises Framework (iSOEF)
title_short Climate-Related Financial Disclosures : Thematic Module in the Integrated State-Owned Enterprises Framework (iSOEF)
title_full Climate-Related Financial Disclosures : Thematic Module in the Integrated State-Owned Enterprises Framework (iSOEF)
title_fullStr Climate-Related Financial Disclosures : Thematic Module in the Integrated State-Owned Enterprises Framework (iSOEF)
title_full_unstemmed Climate-Related Financial Disclosures : Thematic Module in the Integrated State-Owned Enterprises Framework (iSOEF)
title_sort climate-related financial disclosures : thematic module in the integrated state-owned enterprises framework (isoef)
publisher Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099005209022238382/P172569043e9280b40b07e095d796826434
http://hdl.handle.net/10986/37961
_version_ 1764488210628476928

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