The International Sustainability Standards Board (ISSB) unanimously confirmed that companies will be required to use climate-related scenario analysis to inform resilience analysis. At the supplementary board meeting held on 1 November 2022, the ISSB voted to confirm that companies are required to >>> read more
Four-in-five largest global companies report with GRI
Source: Global Reporting Initiative (GRI), 31 October 2022A major stocktake on the state of sustainability reporting around the world has revealed that GRI provides the ‘first and foremost’ global standards, used by more large companies than ever before. The KPMG Survey of Sustainability Reporting (published 26 October) examined the >>> read more
Companies with a combined value of USD$ 1.3 trillion pilot new disclosure framework for nature
Source: WBCSD, 29 October 2022The World Business Council for Sustainable Development (WBCSD) announces the launch of its Taskforce for Nature-related Financial Disclosures (TNFD) pilot program with 23 of its member companies. The companies, with a total market value of USD$ 1.3 trillion and from North and >>> read more
World’s top companies improving on climate reporting, but more progress is needed in key areas of sustainability & ESG
Source: KPMG, 25 October 2022The latest findings from KPMG reveal that sustainability reporting has grown steadily, with 79 percent of leading companies providing sustainability reports Among the thousands of reports analyzed, less than half of the world’s largest companies are providing reporting on ‘social’ >>> read more
Ten years of Reporting Matters: reflecting on a decade and gearing up for the future
Source: WBCSD, 20 October 2022WBCSD is celebrating 10 years of Reporting matters, WBCSD’s annual review of its member companies’ sustainability and integrated reports in partnership with Radley Yeldar (RY). To mark the occasion, they are publishing the findings of their annual Reporting matters 2022 report, commemorating >>> read more
Materiality Assessment Is an Art, Not a Science: Selecting ESG Topics for Sustainability Reports
Source: Impact Centre Erasmus, 13 October 2022A publication of Jilde Garst, PhD, Karen Maas and Jeroen Suijs from the Impact Centre Erasmus is now online at California Management Review. In this article, they present the six main steps of materiality assessments for ESG reporting, the methods used, >>> read more
2022 TCFD Status Report Finds Steady Increase in Climate-Related Financial Disclosures
Source: TCFD, 13 October 2022TCFD is pleased to announce the release of the 2022 Status Report. This year marks five years since the TCFD’s final recommendations were published in 2017, and the report assesses developments over the past five years, including the state of >>> read more
GRI’s 25 years of empowering sustainable decisions
Source: Global Reporting Initiative (GRI), 15 September 2022This month is a landmark moment in the history of GRI – provider of the world’s most widely used sustainability reporting standards – as the organization reaches its 25 year anniversary. The publication 25 Years as the Catalyst for a Sustainable >>> read more
Companies, investors and professional accountants add their voices to the call for global alignment between sustainability reporting standard setters and frameworks
Source: WBCSD, 30 August 2022Sixty-five companies, investors and professional accounting firms from across the world add their voices to the call for major standard-setting efforts to more closely align with and support a global baseline for reporting sustainability-related information. The endorsed statement was developed jointly by >>> read more
Global Survey Reveals Companies Feel Underprepared to Navigate the Evolving ESG Reporting Landscape
Source: Workiva, 19 August 2022Nearly two thirds of senior decision makers feel their organization is underprepared to meet their environmental, social, and governance (ESG) goals and regulatory reporting mandates, according to a new global survey released by Workiva Inc. (NYSE: WK). Further, 72% don’t have confidence >>> read more
Business and Finance community respond to the proposed ifrs sustainability disclosure standards
Source: A4S (Accounting for Sustainability), 17 August 2022Two statements, from Chief Financial Officers and institutional investors, respond to proposed IFRS Sustainability Disclosure Standards, created by the International Sustainability Standards Board (ISSB). Both communities call for global alignment on sustainability reporting and for the ISSB to strengthen their >>> read more
IFRS Foundation completes consolidation with Value Reporting Foundation
Source: IFRS Foundation, 1 August 2022The IFRS Foundation has today announced the completion of the consolidation of the Value Reporting Foundation (VRF) into the IFRS Foundation. It follows the commitment made at COP26 to consolidate staff and resources of leading global sustainability disclosure initiatives to >>> read more