Climate is moving to the balance sheet as companies invest in climate transition activities and purchase an expanding set of climate-related assets; at the same time, climate costs are becoming more tangible as liabilities in the form of impacts of under- and uninsured losses from severe weather, regulatory requirements, and legal liability. When climate risks and opportunities start to show up in a company’s financial accounting, it drives better internal decision-making and better informs investors. The mission of CLAI is to accelerate, coordinate and drive this transition - ensuring that companies and investors can account for climate-related assets and liabilities with rigor, consistency, and transparency.

CLAI is the bridge between corporate pilots, investors, and regulators.
It operates at two timeframes

1. The immediate: Enabling companies and investors to recognize climate-related assets and liabilities under existing accounting principles. We advance practical, credible approaches that improve decision-making and unlock capital for the transition.

2. The longer term: Clearing obstacles and laying the groundwork for the future development of more cohesive, comprehensive accounting principles. Through policy engagement, working with standardsetters, investors and corporates with a big tent philosophy.