The European Financial Reporting Advisory Group (EFRAG) and GRI have joined forces on the technical work for their respective new biodiversity standards. EFRAG is to make the draft EU standard available to the Commission in mid-June, while GRI’s aims to >>> read more
News
G&A Institute’s publishes “2021 Sustainability Reporting in Focus” Trends Report
Source: G&A Institute, 1 December 2021Governance & Accountability Institute (G&A), a leading consulting firm on sustainability and ESG, today announced the findings of its 2021 Sustainability Reporting in Focus research on sustainability reporting trends among companies in the S&P 500® Index and the Russell 1000® >>> read more
A trial balance for sustainability reporting: reconciling the ISSB and the GSSB
Source: , 6 November 2021The IFRS Foundation’s COP 26 announcement of the establishment of an International Sustainability Standards Board (ISSB) would not be a surprise to those following the discussions. Nor would its soaking up of the frameworks and Standards of the VRF (formerly SASB and >>> read more
GRI responds to IFRS Foundation’s creation of a new sustainability board and consolidation of CDSB and VRF into the foundation
Source: Global Reporting Initiative (GRI), 3 November 2021Confirmation by the IFRS Foundation that they will address the impacts on value creation of sustainability topics in their standards, through the formation of an International Sustainability Standards Board (ISSB), has been welcomed by GRI. The IFRS Foundation announcement on 3 >>> read more
IFRS Foundation announces International Sustainability Standards Board, consolidation with CDSB and VRF, and publication of prototype disclosure requirements
Source: IFRS Foundation, 3 November 2021As world leaders meet in Glasgow for COP26, the UN global summit to address the critical and urgent issue of climate change, the IFRS Foundation Trustees (Trustees) announce three significant developments to provide the global financial markets with high-quality disclosures on >>> read more
IMA Releases Statement of Position on Sustainable Business Information Management
Source: , 2 November 2021IMA® (Institute of Management Accountants), the global association of accountants and financial professionals in business, today released its Statement of Position on Sustainable Business Information and Management. The Statement of Position, endorsed by IMA’s Sustainable Business Management Global Task Force (IMA.SBM.GTF), expresses >>> read more
Appointment of Eelco van der Enden as new leader Global Reporting Initiative (GRI)
Source: Global Reporting Initiative (GRI), 27 October 2021GRI, the international leader in sustainability standards setting, has announced the appointment of Eelco van der Enden as CEO. Starting 1 January 2022, Eelco will join GRI from multinational professional services network PwC, where he is Global ESG Platform Leader >>> read more
Call for a unified approach to Sustainability Reporting
Source: , 25 October 202156 organizations representing over EUR 8.5 trillion in assets and employing over 5 million people address the European Union’s institutions today in an open letter to call on regulators to align upcoming European sustainability reporting standards with globally consistent and comparable performance metrics >>> read more
EcoAct’s 2021 climate rankings have just been published
Source: EcoAct, 25 October 2021EcoAct published their latest edition of the Climate Reporting and Performance of the DOW 30, EURO STOXX 50 and FTSE 100 research report. As we approach COP26 and with less than 10 years to act on climate change, the report >>> read more
New edition of Reporting Matters highlights key role corporate transparency plays in addressing pressing global challenges
Source: , 21 October 2021According to a new report launched today by the World Business Council for Sustainable Development (WBCSD), reporting and accountability are more important than ever as businesses strengthen their sustainability commitments through WBCSD’s updated membership conditions. The findings are included in the ninth >>> read more
Fourth TCFD Status Report Highlights Greatest Progress to Date on TCFD Adoption
Source: TCFD, 18 October 2021The Task Force on Climate-related Financial Disclosures (TCFD), established by the Financial Stability Board (FSB), published its 2021 Status Report. After reviewing over 1,650 companies’ reports, from 69 countries and jurisdictions in eight industries, the Task Force found that disclosure in >>> read more
Let’s put sustainability back into the sustainability reporting debate
Source: , 12 October 2021The talk about the ‘alphabet soup’ of reporting frameworks and standards might have died down, but the problem has not gone away. At this point the involvement of the IFRS Foundation, ‘overwhelmingly’ welcomed by the private sector (in response to >>> read more