The lead is CDSB board which oversees, reviews the effectiveness, appoint resources and finance the work done by CDSB Technical Working Group and CCRT XBRL project team (or Expert group). CDSB TWG is an existing body of CDSB and holds the subject matter experts which are responsible for the overall development of the Climate Change Reporting Framework. As such, their work informs the translation of CCRF by the Expert group into an XBRL Taxonomy.
The Expert Group will be responsible for development of the Taxonomy and support materials for the Taxonomy. It will be composed by members that will draft and authorship the taxonomy. It will cover two areas of expertise – technology and subject matter (climate change reporting). Technology experts will provide XBRL, taxonomy and ontology development, data architecture, business analysis, project management and development of XBRL tools. Subject matters experts will provide guidance on the translation of CCRF and CDP questionnaire in to the Taxonomy. Participation in the “Expert group” will be on a voluntary, non-remunatory basis. The elements of the “Expert group” will be initially appointed by CDSB. The “Expert group” will have a “leading author” that will be responsible for the deliverables of the group.
The Stakeholders Council (SC) is composed of individuals, or representatives of organizations, interested in the development of a climate change Taxonomy. It has the primary objective of providing strategic advice related to the Taxonomy development work. The objective is to provide a space where the Expert group can consult individuals and representatives of organizations affected by this work. The Expert Group will consult on issues which include, but are not limited to, the following:
- Input on the Taxonomy architecture;
- Input on the timetable, including priorities and consultation on any changes of plans and priorities;
- Advice on projects, in particular practical application and implementation issues of the Taxonomy;
- Advice on the due process for the Taxonomy development work, any changes that are deemed as necessary.
(Note: all working structures are currently working with exception of the stakeholder council with strategy/advisory responsibilities.)
To cover the costs of the work to be developed, organizations are invited to become “Sponsor organizations”. The details of sponsorship will be worked out with the organizations that express interest in it on an individual basis.