It is now even easier for organizations to communicate their efforts to support the UN Sustainable Development Goals (SDGs), by using the most widely adopted standards for sustainability reporting – the GRI Standards. An updated version of Linking the SDGs and >>> read more
Visma Sustynex: The world’s first cloud native platform for ESG Disclosure based on a GRI taxonomy
Source: Visma Connect, 21 January 2021Today, Visma Connect, the specialist in reporting technology , is proud to announce the launch of Visma Sustynex, the world’s first cloud native platform for ESG Disclosure that uses a GRI taxonomy to deliver high data quality and accuracy. A >>> read more
IIRC publishes revisions to International Framework to enable enhanced reporting
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The International Integrated Reporting Council (IIRC), 19 January 2021
The International Integrated Reporting Council (IIRC) today, 19 January 2021, publishes revisions to the International <IR> Framework to enable more decision-useful reporting. The revisions, the first since the <IR> Framework was originally published in 2013, are the result of extensive market consultation >>> read more
GRI backs EU proposal for separate pillar on non-financial reporting
Source: Global Reporting Initiative (GRI), 15 January 2021As part of the European Commission review of the Non-financial Reporting Directive (NFRD), it is exploring how new European sustainability standards could be created and managed. The Commission has asked the European Financial Reporting Advisory Group (EFRAG) to consider the changes needed to its governance, if it were to take on responsibility for >>> read more
Three GRI Standards come into effect for sustainability reports in 2021
Source: Global Reporting Initiative (GRI), 14 January 2021Companies disclosing their impacts through the world’s most widely used sustainability reporting standards are to adhere to three new and updated standards, for reports they publish from this year onward. In 2018, two revised GRI Standards launched – for occupational >>> read more
XBRL: “Momentum Built for Sustainability Reporting Standards”
Source: XBRL, 24 December 20202020 saw significant momentum build for non-financial (sustainability) standards. The year kicked off with a paper from Accountancy Europe proposing that a new sustainability standards board be launched under the auspices of the IFRS Foundation, and ended with the IFRS consulting on just that. >>> read more
Global sustainability and integrated reporting organizations launch prototype climate-related financial disclosure standard
Source: , 18 December 2020Five leading organizations in sustainability and integrated reporting, who published a shared vision for a comprehensive corporate reporting system earlier this year, have taken a next practical step together. Today, coinciding with the fifth anniversary of the Paris Agreement on >>> read more
Finance companies launch digital sustainability reporting tool for SMEs
Source: World Wide Generation (WWG), 18 December 2020finnCap Group, leading adviser and broker to ambitious growth companies, both public and private, is pleased to announce a partnership with leading sustainability fintech company World Wide Generation (WWG) in order to provide businesses with a new digital sustainability monitoring >>> read more
Action Platform succeeds in accelerating business reporting on the SDGs
Source: Global Reporting Initiative (GRI), 17 December 2020A ground-breaking initiative to drive corporate action on the Sustainable Development Goals (SDGs) has significantly advanced reporting practices and identified areas for further improvement. The Action Platform for Reporting on the SDGs leverages the Global Reporting Initiative (GRI) Standards and the Ten Principles >>> read more
What do companies with improved financial results have in common in terms of ESG practices and frameworks?
Source: The Center for Sustainability and Excellence (CSE), 17 December 2020The Center for Sustainability and Excellence (CSE) announces its fourth consecutive 2020 Annual Research into ESG Ratings and Sustainability Reporting Trends in North America, focusing in common ESG practices and frameworks used by companies and organizations with improved financial results (e.g Annual Revenues >>> read more
Towards circular economy: European manufacturers are not sufficiently reporting on their actions
Source: Kaunas University of Technology (KTU), 17 December 2020After analysing the data from 226 large manufacturing companies from the European Union, a team of researchers from Lithuania, Poland and Sweden have drawn a conclusion that organisations almost do not mention circular economy principles in their environmental reporting. In >>> read more
ESMA supports IFRS Foundation’s efforts on international standardisation in sustainability reportingtest
Source: ESMA, 16 December 2020The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its response to the IFRS Foundation’s consultation on sustainability reporting. ESMA recommends establishing high-quality international standards while also catering for the needs of jurisdictions that are at >>> read more