With the crucial ‘Decade of Action’ for the Sustainable Development Goals (SDGs) already underway, how can companies look beyond the processes and paperwork, fully understanding the ways their impacts and actions help or hinder the progress of the SDGs? SDGs: >>> read more
The European Commission’s proposal for a Corporate Sustainability Reporting Directive (CSRD) currently under discussion by the EU co-legislators, provides that EFRAG would develop draft standards, using proper due process, public oversight and transparency, and with the expertise of relevant stakeholders. >>> read more
Q4 Inc. (Q4), a leading capital markets communications platform, announced the first phase of new products that standardize how public companies can deliver information regarding their environmental, social and governance (ESG) efforts. At a time of extensive data collection, heightened >>> read more
Proposed changes to the IFRS Foundation’s Constitution to create an International Sustainability Standards Board (ISSB) to set sustainability standards are welcome, but more clarity is needed says ACCA (the Association of Chartered Certified Accountants). In ACCA’s official response to the consultation, >>> read more
A recent international survey of public sector professionals by CIPFA, the Chartered Institute of Public Finance and Accountancy, shows that more than half (56%) of public sector organisations do not currently report on their climate impact. This research provides a >>> read more
Committed to the ambitious timeline for a major step in quality sustainability reporting, EFRAG has successfully initiated the elaboration of EU sustainability reporting standards to be submitted to the European Commission. On 21 April 2021 the European Commission adopted a >>> read more
The announcement of a Statement of Cooperation between GRI and the European Financial Reporting Advisory Group (EFRAG) Project task Force sees both organizations agree to share technical expertise to co-construct new EU sustainability reporting standards and contribute to further global convergence. This >>> read more
In a report that is released today, a team from Erasmus School of Economics, the World Business Council (WBCSD), and Impact Centre Erasmus show why determining materiality is a challenge and the main steps in materiality assessments. Although regulators, shareholders, >>> read more
Global practices for sustainability assurance—including the prevalence of assurance, level of assurance, and standard and practitioner used—varies widely by jurisdiction, according to a new study from the International Federation of Accountants (IFAC) and the AICPA & CIMA (representing the Association of International >>> read more
168 investors from 28 countries, including Amundi, Aviva, Cathay Financial Holdings, HSBC Global Asset Management, Legal and General Investment Management, M&G Investments, Nuveen, Schroders and Union Investment are urging companies with a high environmental impact to disclose data through CDP, the non-profit global environmental disclosure platform. The >>> read more
EFRAG Secretariat seeks comments from stakeholders on its Public Consultation Paper: EFRAG Due Process Procedures on EU Sustainability Reporting Standard-Setting. Comments are welcome by 15 September 2021. The European Commission’s proposal for a Corporate Sustainability Reporting Directive (CSRD) envisages the adoption >>> read more
The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) today officially announce their merger to form the Value Reporting Foundation. The Value Reporting Foundation supports business and investor decision-making with three key resources: Integrated Thinking Principles, >>> read more