At the request of the European Commission (EC), expressly confirmed on December 12, 2024, EFRAG is pleased to announce today the delivery of its technical advice on the VSME, the voluntary reporting standard for non-listed micro-, small-, and medium sized >>> read more
News
GRI appoints Robin Hodess as new CEO
Source: Global Reporting Initiative (GRI), 12 December 2024GRI’s Supervisory Board is pleased to announce the appointment of Robin Hodess as GRI’s new CEO, beginning in February 2025. Robin, who joins the global leader in sustainability reporting at a time of growing expectations for corporate transparency, brings deep >>> read more
Commission provides further clarifications on the EU taxonomy for sustainable economic activities
Source: European Commission, 3 December 2024The European Commission has published a set of frequently asked questions (FAQs) to support stakeholders in the implementation of the EU taxonomy, a classification system for sustainable economic activities. The publication, which aims to make the taxonomy easier to use, >>> read more
GRI global adoption by top companies continues to grow
Source: Global Reporting Initiative (GRI), 27 November 2024Sustainability reporting around the world by major companies is now ‘business as usual’, with nine-in-ten of the companies that do report choosing to use the GRI Standards, according to a comprehensive new survey. The 2024 edition of the KPMG Survey of >>> read more
Research: Are Businesses Embracing the ESRS and How Can Policymakers Avoid Creating Legal Uncertainty Around its Application
Source: Frank Bold, 22 November 2024Frank Bold published a study on the sustainability disclosures of 100 influential companies. The study provides from high-impact sectors an early reflection on the general readiness for businesses in the EU to meet the expectations of the upcoming EU sustainability >>> read more
IFRS Foundation publishes guide to help companies identify sustainability-related risks and opportunities and material information to provide
Source: IFRS Foundation, 20 November 2024The International Sustainability Standards Board (ISSB) is committed to supporting the implementation of ISSB Standards around the world. To this end, the IFRS Foundation has published a new comprehensive guide designed to help companies with the fundamental task of identifying and disclosing >>> read more
Sustainability disclosure still driven by voluntary policies
Source: Global Reporting Initiative (GRI), 18 November 2024Since 2023, sustainability reporting policies have leaned further toward voluntary frameworks, which now account for 58% of policies set around the world – as revealed in the 2024 edition of the Carrots & Sticks (C&S) report. The research finds that >>> read more
CDP and GRI deepen collaboration to streamline environmental disclosure and boost access to comparable data
Source: Global Reporting Initiative (GRI), 14 November 2024Two leading organizations within the corporate sustainability ecosystem are deepening their collaboration to improve and streamline environmental reporting, following a Memorandum of Understanding that was signed between CDP and Global Reporting Initiative (GRI) during the COP29 Climate Change Conference in >>> read more
New report sets out global progress towards both mandated and voluntary corporate climate-related disclosures
Source: IFRS, 13 November 2024Over 1,000 companies have referenced the International Sustainability Standards Board (ISSB) in their reports and 30 jurisdictions are making progress towards introducing ISSB Standards in their legal or regulatory frameworks. These are some of the key findings of a detailed progress >>> read more
Reporting matters 2024: Changing gears in sustainability reporting
Source: WBCSD, 7 November 2024Reporting matters, WBCSD’s leading initiative in partnership with Radley Yeldar, aimed at enhancing the effectiveness of corporate sustainability reporting, is proud to unveil its 2024 edition, titled “Changing Gears: How are companies navigating higher expectations and demands in sustainability reporting?”. In >>> read more
ACCA sets out how accountancy profession can meet the nature reporting challenge
Source: ACCA Global, 17 October 2024Accountants must understand the concepts, principles, challenges and opportunities of nature related reporting to engage with boards and management on this increasingly vital issue. The global accountancy body ACCA has issued a paper Empowering business: navigating nature-related reporting, designed to assist >>> read more
EU Commission takes action to ensure complete and timely transposition of EU directives including the CSRD
Source: European Commission, 30 September 2024The Commission is adopting a package of infringement decisions due to the absence of communication by Member States of measures taken to transpose EU directives (including the CSRD) into national law. The Commission is sending a letter of formal notice >>> read more