CISL calls for standardised climate disclosure framework for investors While most investors are measuring and disclosing their climate performance, it is hard to compare progress between companies because there is not a universal framework. This makes it more challenging for investors to be held to account or to accelerate progress. Investors are facing mounting pressure to raise climate ambitions, including from changing legislation on net-zero That is according to a new report, out today (14 April) from the Cambridge Institute for Sustainability Leadership’s (CISL) Investment Leaders Group (ILG). The report assesses 15 funds that are ranked highly on climate performance by CDP, in terms of disclosing direct and financed emissions and reducing them in line with climate science. Of these funds, eight explicitly measure and disclose the climate performance of their activities; six disclose climate intensity, one discloses emissions on a portfolio basis and one discloses the emissions its activities have helped to avoid. The ILG praises this progress but argues that the use of different metrics makes it challenging to compare performance.