Demand for transparent, digital data has never been greater. Global climate reporting mandates call for machine-readable (digital) data standards. U.S. regulators, through the Financial Data Transparency Act (FDTA) have introduced sweeping requirements for open data standards and use of the Legal Entity Identifier in a ruling that promises to transform data collection and analysis.
The standardization and modernization of data collected to assess climate risk and understand business and government impact is of critical importance to the functioning of a modern economy. With increases in geopolitical, environmental, market, liquidity, counterparty, climate and political risk, the need for timely and comprehensive information is essential to navigate these risks. In many cases this information can only be made available by the government.
This one-day conference will address the impact of digital requirements established through the FDTA and through the various climate mandates, state, federal, and global. Modernized, digital reporting requirements will have a profound positive impact on citizens, business, governments, and policy setters.
Seating is Limited – REGISTER TODAY
| Agenda | |
| 8:45 – 9:00 AM | Opening Remarks |
| 9:00 – 9:30 AM | Keynote Presentation |
| 9:30 – 10:00 AM | Features of the Financial Data Transparency Act (FDTA) Rule Proposal Review the features of the proposed rule for the FDTA including data standard options and identifier requirements that must be adopted by the nine federal agencies. Find out how to respond, what regulators are looking for, and next steps for the ongoing implementation. |
| 10:00 – 10:50 AM | Standard Setters, Regulators & FDTA: Discussion of aspects of the FDTA Standard setters responsible for the LEI and XBRL, and US regulators that have adopted data standards proposed to be used in the FDTA implementation will discuss aspects of the FDTA. Learn how the LEI can be implemented in the various data collections that fall under the FDTA. Hear about the differences and similarities between types of data standards including XBRL, XML, CSV, and PDF. Hear about the experiences of regulators that have adopted and implemented data standard programs.Speakers:
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| 10:50 – 11:10 AM | Break |
| 11:10 AM – 12:10 PM | Municipal Reporting under FDTA With the cross-agency rule proposal out for public comment, and expected to be finalized by year-end, municipal market participants are looking to the next phase in the FDTA rollout. Attend this session to hear about work underway and next steps for the market from regulators, accounting standard setters, municipal bond issuers, and supporting organizations. |
| 12:10 – 1:00 PM | Lunch |
| 1:00 – 1:30 PM | Keynote: Investor Demand for Environmental-Social-Governance Data |
| 1:30 – 2:10 PM | Climate Reporting Mandates Impact US Business – State, Federal, Global Climate reporting requirements in global markets and in the United States will affect US companies. Many of these mandates require data to be reported in digital (XBRL) format, and many include assurance requirements. Learn about initiatives underway and requirements of each one. Many US companies are likely to be required to comply with more than one mandate. Find out how global regulators are working together to reach a consensus on reporting requirements to limit reporting burden for entities tasked with multiple compliance requirements. |
| 2:10 – 2:30 PM | Break |
| 2:30 – 3:15 PM | Preparing and Using Climate Data Corporate climate-related data includes greenhouse gas emissions, policy statements, and target disclosures. Investors have been demanding and using this data for years. Hear ESG data analytics providers share their insights into the complexity of climate data, how it is collected and normalized, and how investors and analysts use the data today. Learn about recent trends in data usage, and hear expectations with the plethora of digital climate data mandates coming up in the next few years. |
| 3:15 – 4:00 PM | How Data Standards Express Climate Data Regulators at the IFRS Foundation and the European Financial Reporting Advisory Group (EFRAG) have been building taxonomies (ontologies) to help reporting entities prepare ESG data in structured (XBRL) format to support climate mandates including the Corporate Sustainability Reporting Directive (CSRD) and requirements in various IFRS reporting countries. These taxonomies are likely to be required to be used by US companies as well. Find out about taxonomies underway and how they support a global business market. |
| 4:00 – 4:45 PM | Federal Regulator Use of Climate Data U.S. federal agencies use climate data to help communities and businesses develop strategies to adapt to climate change, and assist in establishing government policies to track and monitor climate impact on the US economy. Data may include temperature, precipitation, and carbon gas measures. Regulators on this panel will speak to what data they collect and how it is used. |
| 4:45 – 5:00 PM | Closing Remarks |
| 5:00 – 6:00 PM | Networking Reception |
Seating is limited – register today
Prerequisites: None
Program Knowledge Level: Basic
Advance Preparation: Be familiar with the Federal Data Transparency Act
Program Format: Group Live
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