Yesterday, the Task Force on Non-Financial Reporting Standards, of which WWF was a member, published its recommendations to the European Commission on what a robust sustainability disclosure standard should look like. The aim of the standards is to guide companies on >>> read more
EFRAG publishes two reports on development of EU sustainability reporting standards
Source: EFRAG, 8 March 2021EFRAG published today two reports submitted to the European Commission setting out recommendations on the development of EU sustainability reporting standards. The reports were prepared in line with European Commission mandates received by EFRAG and EFRAG Board President Jean-Paul Gauzès >>> read more
IFRS Foundation Trustees announce strategic direction and further steps based on feedback to sustainability reporting consultation
Source: IFRS Foundation, 8 March 2021The Trustees of the IFRS Foundation met 2-4 March 2021 to continue their analysis and discussions of the feedback received to their Consultation Paper on Sustainability Reporting (2020 Consultation). Feedback to the 2020 Consultation confirmed an urgent need for global sustainability reporting standards >>> read more
Study: Global Corporate Leaders Leave Investors Blind on ESG
Source: Global ESG Monitor (GEM, 3 March 2021The state of transparency in corporate sustainability reporting leaves big blind spots for investors. This is revealed by the Global ESG Monitor (GEM) – a study of ESG reports from the largest listed companies in Europe, the United States and >>> read more
IOSCO calls for globally consistent, comparable, and reliable sustainability standards
Source: IOSCO, 2 March 2021The International Organization of Securities Commissions (IOSCO) has released a statement noting the urgent need for global sustainability standards and supporting a Sustainability Standards Board (SSB) under the IFRS Foundation. The IOSCO Board has reviewed the progress made over the >>> read more
IFAC and IIRC set out a vision for accelerating integrated reporting assurance
Source: IIRC, 26 February 2021As an increasing number of businesses around the world implement integrated reporting as a route to long-term value creation and sustainable development, the demand for assurance services on such reports is expected to rise accordingly. To help meet this demand, >>> read more
GRI and B Lab team up on impact management
Source: Global Reporting Initiative (GRI), 24 February 2021Two of the leading global enablers for environmental, social and governance impact management and disclosure have joined forces to help organizations get more out of their reporting and assessment tools. This collaboration allows companies to optimize their contribution to a >>> read more
Biodiversity: the Next Investor Demand for Companies, New Study by Leaders Arena
Source: Leaders Arena, 23 February 2021Leaders Arena ESG Advisory Services has released a Biodiversity Reporting study which uncovers the extent to which companies are reporting on the topic of biodiversity within their sustainability reporting. Companies can leverage these insights to help improve ESG communication and address >>> read more
A road map for ESG disclosures and assurance
Source: AICPA, 18 February 2021The building blocks of reliable, comparable and relevant environmental, social, and governance (ESG) information begin with a foundation of quality reporting by company management. The American Institute of CPAs and Center for Audit Quality have teamed up to provide audit >>> read more
Enhanced corporate reporting on circular economy progress using the GRI Standards and Circulytics
Source: Global Reporting Initiative (GRI), 9 February 2021Organizations can now link the world’s leading sustainability reporting standards with an innovative tool for measuring their progress towards the circular economy. GRI 306: Waste 2020 is the first globally applicable reporting standard for companies to provide a complete picture of >>> read more
IFRS Foundation Trustees announce next steps in response to broad demand for global sustainability standards
Source: IFRS Foundation, 2 February 2021The Trustees of the IFRS Foundation met on 1 February 2021 to review responses to the first three questions asked by their consultation paper on sustainability reporting—demand for global sustainability standards, whether the IFRS Foundation should play a role, and, >>> read more
Global Business Leaders Support ESG Convergence by Committing to Stakeholder Capitalism Metrics
Source: World Economic Forum, 26 January 2021A growing coalition of 61 top business leaders across industries announced today their commitment to the Stakeholder Capitalism Metrics, a set of environmental, social and governance (ESG) metrics and disclosures released by the World Economic Forum and its International Business >>> read more