A report from Norges Bank Investment Management – manager of the one trillion Euro Government Pension Fund of Norway – has called for businesses to improve metrics to ensure they disclose ‘relevant, quantitative and comparable information on environmental, social and >>> read more
News
Company Reporting of UN Sustainable Development Goals Fails to Align with Highest Levels of Exposure, According to S&P Global’s Trucost
Source: S&P Global, 28 February 2020Trucost, part of S&P Global released a research report titled “Sustainable Development Goals (SDGs) – A Misunderstood Market Opportunity?” assessing the SDG impact of companies listed on the S&P 500®. The findings show that the SDGs reported by companies does not align >>> read more
CDSB and CDP release handbook to meet challenges of environmental and climate reporting across the EU
Source: , 27 February 2020With the EU Green Deal aiming to increase environmental and climate disclosure, the Climate Disclosure Standards Board (CDSB) and CDP have released an environmental reporting handbook to help companies improve their disclosure in line with the Non-Financial Reporting Directive (the >>> read more
European Commission starts public consultation on the revision of the non-financial reporting directive
Source: EU, 21 February 2020The European Commission launched a consultation on changes to the Non-Financial Reporting Directive to require large companies to include sustainability information in their annual public reporting. The main focus of this consultation is to collect views from across the EU >>> read more
IIRC opens call for feedback as it revises the International Framework
Source:
The IIRC, 20 February 2020
The International Integrated Reporting Council (IIRC) is today, 20 February 2020, beginning the process of refreshing the International <IR> Framework, and calling for market feedback on specific themes that will inform the nature and direction of the revision. Coinciding with the >>> read more
EFRAG published good practices in Europe on how to improve climate-related reporting
Source: EFRAG, 17 February 2020Recently, the Project Task Force of Climate-related Reporting of the European Lab launched its report: ‘How to improve climate-related reporting – A summary of good practices from Europe and beyond’. To mark the occasion a networking event was organised at >>> read more
Landmark research on 1000 European companies shows troubling poor quality of reporting on sustainability issues
Source: Alliance for Corporate Transparency, 17 February 2020The Alliance for Corporate Transparency, a collaborative initiative launched by Frank Bold, analysed the information that companies disclosed on their environmental and societal risks and impacts following the requirements introduced by the EU Non-Financial Reporting Directive. The research arrives at the >>> read more
More than 1,000 Global Organizations Declare Support for the Task Force on Climate-related Financial Disclosures and its Recommendations
Source: TCFD, 13 February 2020The Task Force on Climate-related Financial Disclosures (TCFD) announced yesterday that it has officially reached more than 1,000 supporters globally for its recommendations, signifying a major shift among market participants in acknowledging that climate change presents a financial risk. Together, >>> read more
Sustainability reporting at center of EU’s Green Deal
Source: Global Reporting Initiative, 12 February 2020Global Reporting Initiative (GRI) welcomes the European Green Deal as a global game changer that other economies should follow. With ambitious legislative changes backed by €1 trillion investment over the next decade, the EU is signalling leadership in efforts to >>> read more
Companies Have Significantly Increased Disclosure on Sustainability Issues, But Pressure to Do More Continues
Source: The Conference Board, 10 February 2020A new study finds that companies are significantly increasing disclosure of their environmental and social practices, but change in underlying practices has not kept pace. Published by The Conference Board, Sustainability Practices: 2019 Edition analyzes data on sustainability disclosure across North America, Europe, >>> read more
Nasdaq acquires OneReport to accelerate delivery of ESG reporting and workflow solution to corporate clients – OneReport
Source: OneReport, 4 February 2020Nasdaq, Inc. announced yesterday the acquisition of OneReport, Inc. (“OneReport”), a privately-held provider of corporate responsibility and environmental, social, and governance (ESG) data management and reporting services. OneReport will accelerate the delivery of Nasdaq’s recently-announced ESG reporting and workflow solution, >>> read more
IIRC response to European Commission announcement on European non-financial reporting standards
Source: , 30 January 2020The IIRC welcomes the announcement by the European Commission Executive Vice-President Dombrovoskis on the development of a European non-financial reporting standards. Charles Tilley, CEO, IIRC, said: “The urgency of companies reporting better, more timely, information has rightly come to the >>> read more