A large majority of major corporations are failing to be transparent about their impacts on global deforestation and many are taking inadequate steps to tackle it, according to a new report released today by environmental non-profit CDP. Over 1,500 companies >>> read more
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Major players across chemical and electric utility sectors share TCFD implementation experience
Source: WBCSD, 16 July 2019As part of the Task Force on Climate-related Financial Disclosures (TCFD) Preparer Forums for Chemicals and for Electric Utilities, AkzoNobel, BASF, DSM, Solvay, Sumitomo Chemical and CLP, EDF, EDP, EnBW, Enel, Iberdrola share examples, learnings and reflections in: “Climate-related financial >>> read more
GRI’s annual report is ‘most accessible and transparent ever’
Source: , 12 July 2019GRI has demonstrated its commitment to increasing and improving the tools available to support sustainability report preparers, as showcased in its latest annual report. In GRI’s ‘Towards more and better reporting’ 2018 Annual Report, the organization demonstrates how to navigate >>> read more
Private sector role in achieving progress towards UN climate change goals
Source: GRI, 11 July 2019Policy makers and businesses need to work closer together to ramp up private sector engagement in the climate change commitments made under the Paris Agreement. Nationally Determined Contributions (NDCs) set out the efforts by individual countries to cut emissions and >>> read more
GRI Chief Executive testifies to US House Committee on strengthening ESG legislation
Source: GRI, 11 July 2019GRI’s Chief Executive, Tim Mohin, testified yesterday (10 July) before the US House Committee on Financial Services, which is considering new corporate reporting requirements for Environmental, Social and Governance (ESG) information. Addressing members of the Subcommittee on Investor Protection, Entrepreneurship >>> read more
DFIN Survey Reveals Gaps in Implementation and Reporting of Environmental, Social and Governance Issues
Source: , 10 July 2019Despite environmental, social and governance issues rising to the forefront of Fortune 500 companies’ corporate strategies due to growing interest from institutional investors, gaps still exist within the implementation and reporting of these ESG initiatives, according to new data released >>> read more
New research finds highest-emitting companies off-track to meet Paris climate goals, and puts investors on “emergency footing”
Source: , 10 July 2019A major new report assessing the climate performance of 274 of the world’s highest-emitting publicly-listed companies finds that almost half (46%) do not adequately consider climate risk in operational decision-making. A quarter (25%) do not report their own emissions at >>> read more
Guidance on improving the quality of ESG information for decision-making
Source: WBCSD, 3 July 2019The World Business Council for Sustainable Development (WBCSD) and FSR – Danish Auditors have published a first-of-its-kind guidance on how companies can improve the quality of, and confidence in, their environment, social and governance (ESG) information by considering the basic >>> read more
Understanding the value of transparency and accountability
Source: , 2 July 2019The world’s leading financial and non-financial corporate reporting frameworks have the same common foundations, based on the key objectives of transparency and accountability, according to a position paper published by the framework providers. The position paper sets out the seven >>> read more
Increase in E&S Disclosure from 2018 to 2019 in SEC Filings
Source: White & Case, 28 June 2019In light of the increased spotlight on environmental, social and governance (“ESG”) disclosures, White & Case’s Public Company Advisory Group conducted a survey of environmental and social (“E&S”) disclosures in the Securities and Exchange Commission (“SEC”) filings of the top >>> read more
IIRC Chief Executive Richard Howitt stepping down
Source: , 20 June 2019The International Integrated Reporting Council (IIRC) is today, 20 June 2019, announcing that its Chief Executive Officer Richard Howitt is stepping down with effect from 21 June 2019 after nearly three years’ service. Barry Melancon, IIRC Board Chair, said: “I >>> read more
EU Commission publishes guidelines to improve how firms report climate-related information
Source: , 18 June 2019The European Commission has today published new guidelines on corporate climate-related information reporting, as part of its Sustainable Finance Action Plan. These guidelines will provide companies with practical recommendations on how to better report the impact that their activities are having on >>> read more