Twenty institutional investors from eleven countries convened by the UN Environment Finance Initiative (UNEP FI) launched comprehensive investor guidance to help assess how climate change and climate action could impact investor portfolios around the world. These assessments enable investors to >>> read more
News
RepRisk integrates Sustainability Accounting Standards Board (SASB) Framework
Source: RepRisk, 8 May 2019RepRisk, a global leader in data science, specializing in premium ESG and business conduct risk research, is pleased to announce the application of the SASB Materiality Map® in its risk management and compliance solutions. RepRisk is mapping its core research >>> read more
New Publication: TCFD Implementation Guide
Source: , 1 May 2019As a growing number of companies support the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), there is increasing need for practical guidance on how to take action on the recommendations. The Sustainability Accounting Standards Board (SASB) and >>> read more
Draft GRI Waste Standard out for public comment
Source: , 1 May 2019In the face of a growing global waste crisis, new corporate reporting disclosures are being developed by GRI to help organizations better understand and communicate their waste impacts. International recognition of the need for action on waste is increasing. The >>> read more
Tesla Impact Report: 4 million tons of CO2 saved, 13.25 TWh solar electricity generate
Source: , 16 April 2019Tesla published its first-ever Impact Report on Monday, which measures and quantifies the effects of the company’s products and operations on the environment and its communities. Based on the results of the report, Tesla’s products are not the only ones that >>> read more
Innovative tools now available to strengthen management and disclosure of ESG information
Source: , 10 April 2019For many businesses, managing multiple disclosure demands and increasing stakeholder pressure for disclosing environmental, social and governance (ESG) information is an ongoing challenge. The World Business Council for Sustainable Development (WBCSD) released the ESG Disclosure Handbook and Indicator Library to help >>> read more
Tim Mohin (GRI): “Why good standards – both ESG and Financial- matter”
Source: , 10 April 2019A Financial Times article on 2 April carried sweeping claims by Hans Hoogervorst, chair of the International Accounting Standards Board (IASB), that ‘greenwashing is rampant’ in sustainability reporting. The Global Reporting Initiative (GRI), the leading independent sustainability standards body, categorically refutes >>> read more
GRI challenges governments and companies to work closer together on SDG reporting
Source: , 8 April 2019GRI chairman Eric Hespenheide has called for greater cooperation between businesses and governments to achieve the UN Sustainable Development Goals (SDGs). Following the GRI Board of Directors holding their bi-annual meeting in India, GRI today (3 April) partnered with the Bombay Stock Exchange to hold a special dialogue event in Mumbai entitled >>> read more
IASB does not plan standards on sustainability reporting
Source: , 8 April 2019Hans Hoogervorst, chair of the International Accounting Standards Board (IASB), has indicated the board intends to play a role in developing climate-change related financial reporting, but will not move in to standard setting in this area. He cautioned against exaggerated >>> read more
Exchanges warn against rush to regulate sustainability reporting
Source: , 8 April 2019The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, has today responded to the International Organization of Securities Commissions’ (IOSCO) Growth and Emerging Market Committee (GEMC) consultation on ‘Sustainable Finance in Emerging Markets and the Role >>> read more
GRI starts first ‘Sector Standard’ with focus on oil, gas and coal
Source: , 8 April 2019The first GRI Sector Standard will focus on oil, gas and coal. GRI is inviting nominations to join an expert working group to produce the first GRI Sector Standard, for oil, gas and coal. Sector Standards will help companies in a >>> read more
Is Corporate Social Responsibility Reporting Just a Potemkin Village?
Source: ThinkAdvisor, 27 March 2019As more asset managers begin to integrate environmental, social, and governance criteria into their investment strategies, the need for data and disclosures not typically found in traditional financial reporting has increased. Although corporate social responsibility (CSR) disclosures were somewhat rare >>> read more