Risk in Focus 2021: Practical guidance on climate change and environmental sustainability| Technical blog | Resources | IIA

This report highlights the risk of a sharply diverging world in the near term where the gaps between rich and poor widen because some countries lack the necessary financial resources to combat the COVID-19 crisis and its socioeconomic impact. Short-term risks are compounded by growing systemic risks that threaten to further derail progress, such as climate change. The report assesses the impact of the pandemic on the global macroeconomic context, including a discussion of the interlinkages between economic, social (e.g. health, inequality), and environmental (e.g. climate) risks.

The National Gas Company (NGC) has become the first organisation in Trinidad and Tobago to be registered as a member of the Global Reporting Initiative (GRI) community.  Joining the GRI network represents the latest of ‘first milestones’ in NGC’s strategy to build sustainability. The company is the first and remains the only state-owned enterprise to produce an annual sustainability report. From its first report, the NGC adopted GRI standards indicating its willingness to measure itself and perform against international standards.  The GRI network comprises over 500 large, small, private and public organisations from more than 70 countries. They work to jointly advance sustainability reporting across all regions of the world. The GRI community provides members with access to learning and knowledge-sharing opportunities that help improve the quality of sustainability reporting with the GRI Standards.