IFRS S2 Climate-related Disclosures
Lenaion Labs' Greenwashing platform and API can assist with assessing reports under the ISSB's developing guidance for Climate-related disclosures. The relevant sections of the Climate-related disclosures that our Greenwashing detection services support are summarised in the chart below.
Climate-related Disclosures
Paragraph
Strategy and decision-making
Paragraph 13 (b)
Metrics and targets
Paragraph 21
Lenaion Labs' solutions
Vague Expressions: identifies concrete expressions indicating the amount of planned emission reductions or vague expressions (likely a form of greenwashing) where these are made instead.
Certification Quality: assesses the degree to which carbon offset and other certifications are obtained from entities that operate at arms' length, or whether the "certification" may reflect an act of greenwashing as opposed to a genuine environmentally-conscious activity.
​
Vague Expressions: identifies concrete expressions indicating greenhouse gas emissions, capital deployment, internal carbon prices and/or remuneration where these are present; otherwise, identifies vague expressions involving greenhouse gas emissions and capital deployment where these may be used to obfuscate instead.
Metrics and targets
Paragraph 23
Vague Expressions: identifies concrete numerical representations of climate-related targets, including metrics and the specific targets; where vague expressions inappropriately appear instead, these are identified.
Certification Quality: identifies certifications that involve validation of climate-related targets. Provides a metric assessing the degree to which these certifications represent a true at-arms-length certification or if a conflict of interest may be present.