The 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
News
New EFRAG Report provides best practices on Business Model, Risks and Opportunities Reporting in the EU’
Source: EFRAG, 5 October 2021The European Lab@EFRAG Project Task Force on the reporting of non-financial risks and opportunities and linkage to the business model (PTF RNFRO) is pleased to issue its Report: ‘Towards Sustainable Businesses: Good Practices in Business Model, Risks and Opportunities Reporting in >>> read more
Major update to GRI Standards raises bar for human rights reporting
Source: Global Reporting Initiative (GRI), 5 October 2021The GRI Standards have today been strengthened so they deliver the highest level of transparency for impacts on the economy, environment and people, with a major update to the very foundation of the world’s most widely used sustainability reporting standards. >>> read more
Pandemic raises stakes for success of the SDGs – with private sector crucial
Source: Global Reporting Initiative (GRI), 23 September 2021In this Decade of Action for the Sustainable Development Goals (SDGs), we hear much about how organizations, countries and individuals are stepping up their efforts to achieve the 2030 Agenda. Despite this, the reality is that the pace of action >>> read more
Over 50 Companies Reporting on Stakeholder Capitalism Metrics as International Support Grows
Source: World Economic Forum, 21 September 2021The World Economic Forum announces today the continued growth of the coalition of companies supporting the Stakeholder Capitalism Metrics initiative. Since January 2020-2021, over 100 companies have shown support for this initiative with over 50 already including the metrics in >>> read more
Transition to integrated reporting: A guide to getting started
Source: The Value Reporting Foundation, 20 September 2021The Value Reporting Foundation today publishes Transition to integrated reporting: A Guide to getting started to help report preparers develop a custom-fit transition plan to integrated reporting. The Guide is a companion to the <IR> Framework, the principles-based, multi-capital framework used to accelerate integrated >>> read more
New podcast series by GRI dives beneath the surface of SDG reporting
Source: Global Reporting Initiative (GRI), 26 August 2021With the crucial ‘Decade of Action’ for the Sustainable Development Goals (SDGs) already underway, how can companies look beyond the processes and paperwork, fully understanding the ways their impacts and actions help or hinder the progress of the SDGs? SDGs: >>> read more
Experts called for working groups to provide input on the drafting of sustainability reporting standards
Source: EFRAG, 26 August 2021The European Commission’s proposal for a Corporate Sustainability Reporting Directive (CSRD) currently under discussion by the EU co-legislators, provides that EFRAG would develop draft standards, using proper due process, public oversight and transparency, and with the expertise of relevant stakeholders. >>> read more
Q4 Launches Suite of ESG Communications Products
Source: Q4, 5 August 2021Q4 Inc. (Q4), a leading capital markets communications platform, announced the first phase of new products that standardize how public companies can deliver information regarding their environmental, social and governance (ESG) efforts. At a time of extensive data collection, heightened >>> read more
ACCA: ‘Sustainability reporting standards need to be globally consistent and based on a common understanding of key concepts’
Source: ACCA Global, 4 August 2021Proposed changes to the IFRS Foundation’s Constitution to create an International Sustainability Standards Board (ISSB) to set sustainability standards are welcome, but more clarity is needed says ACCA (the Association of Chartered Certified Accountants). In ACCA’s official response to the consultation, >>> read more
Public sector lags behind private sector on climate reporting
Source: CIPFA, 12 July 2021A recent international survey of public sector professionals by CIPFA, the Chartered Institute of Public Finance and Accountancy, shows that more than half (56%) of public sector organisations do not currently report on their climate impact. This research provides a >>> read more
EFRAG invited to contribute immediately to the elaboration of draft EU sustainability reporting standards (ESRS)
Source: EFRAG, 10 July 2021Committed to the ambitious timeline for a major step in quality sustainability reporting, EFRAG has successfully initiated the elaboration of EU sustainability reporting standards to be submitted to the European Commission. On 21 April 2021 the European Commission adopted a >>> read more