As the global community marks World Environment Day (5 June), the growing biodiversity crisis emphasizes why businesses need to step up and be accountable for their impacts on the world, with an updated reporting standard for biodiversity required. The Biodiversity >>> read more
Why double-materiality is crucial for reporting organizational impacts
Source: , 31 May 2021A white paper commissioned by GRI investigates the application of materiality in sustainability reporting – highlighting why disclosing impacts that go beyond those that are financially material benefits organizations while supporting sustainable development. The paper – The double-materiality concept: application and >>> read more
PwC supports GRI Global Standards Fund
Source: , 27 May 2021An initiative to safeguard the continued development of the GRI Standards has secured a new supporter. Multinational professional services network PwC has joined the GRI Global Standards Fund. The Fund enables the continued independent and multi-stakeholder development of the world’s most >>> read more
BNP Paribas Asset Management and CDP partner to accelerate the development of biodiversity reporting metrics
Source: , 20 May 2021BNP Paribas Asset Management (‘BNPP AM’) and CDP today announce a partnership to explore and support the development of common biodiversity corporate reporting metrics. With BNPP AM’s backing, CDP will start to develop a common, globally relevant corporate biodiversity reporting >>> read more
Public comment open for two draft GRI Sector Standards – covering agriculture, aquaculture, fishing, and coal
Source: Global Reporting Initiative (GRI), 19 May 2021A consultation has launched to gather feedback on two proposed new Standards under GRI’s Sector Program, which will increase transparency within sectors by focusing attention on the sustainability issues that matter most. Adding to the Oil and Gas Sector Standard, >>> read more
KPMG releases study of sustainability reporting at technology companies
Source: , 15 May 2021The Survey of Sustainability Reporting at Technology Companies by KPMG reveals that much progress has been made in sustainability reporting and assurance. The survey offers insights for technology company leaders, boards, and sustainability professionals. Its aim is to support those >>> read more
New guide to help companies understanding the benefits of TCFD climate reporting
Source: Bloomberg, 6 May 2021Bloomberg has created a guide to help you better understand the benefits of implementing the TCFD recommendations. The casualties of the climate crisis could include financial stability, the global economy, and the value of investments. As governments catch up to >>> read more
IFRS Foundation Trustees publish institutional arrangements for proposed new sustainability standards board
Source: IFRS Foundation, 4 May 2021The Trustees of the IFRS Foundation (Foundation) published on 30 april the proposed amendments to the Constitution of the Foundation to accommodate the potential formation of a new International Sustainability Standards Board (ISSB) within the governance structure of the organisation. In addition, the >>> read more
Workiva Cloud Platform Simplifies and Accelerates ESG Reporting for Companies Across the Globe
Source: Workiva , 30 April 2021Workiva Inc. today announced it has extended its cloud platform capabilities to help companies meet the rapidly changing landscape of Environmental, Social and Governance (ESG) reporting with a fit-for-purpose ESG solution. The end-to-end solution allows businesses to keep pace with the >>> read more
Gartner Says CFOs Must Embed Corporate Sustainability in Their Firms’ Investment Proposition
Source: Gartner, 28 April 2021CFOs who improve their organization’s environmental, social and governance (ESG) reporting to investors will enjoy improved access to capital, stock performance, and customer loyalty, according to Gartner, Inc. “Approximately one in 10 investors find the ESG information they are looking >>> read more
Corporate natural capital accounting – understanding challenges and pursuing standardization opportunities
Source: WBCSD, 28 April 2021Yesterday, the World Business Council for Sustainable Development (WBCSD), in collaboration with Valuing Nature, launches the Corporate natural capital accounting – from building blocks to a path for standardization report, as a contribution to the EU Life funded Transparent project. >>> read more
Accountancy Europe welcomes EU progress on sustainability reporting standards
Source: Accountancy Europe, 23 April 2021Accountancy Europe welcomes the EU progress on sustainability reporting standards. The newly released Corporate Sustainability Reporting Directive (CSRD) will be instrumental to achieve the European Green Deal. The European Union (EU) will need appropriate sustainability reporting standards to comply with >>> read more