The post-SDG era saw a huge growth in voluntary sustainability disclosure policies: mandatory ones constituted 55.2% pre-2015, whereas post-2015, 64% of global policies are voluntary. According to the 2023 Carrots & Sticks (C&S) report, this global trend is part of a >>> read more
After nearly two years and over 24,000 comments from a multitude of stakeholders, the SEC released its long-awaited ruling, The Enhancement and Standardization of Climate-Related Disclosures for Investors. The rules require public companies to include additional climate-related disclosures in their annual >>> read more
The largest global companies are providing more detail and breadth in their sustainability reporting, and also are obtaining a greater scope of assurance on those disclosures, according to an updated report from the International Federation of Accountants (IFAC) and AICPA >>> read more
A Memorandum of Understanding enhances the commitment to develop maximum synergies between the different European Standards developed by EFRAG and by CEN and CENELEC in the field of sustainability reporting. The aim is to facilitate the implementation of sustainability reporting >>> read more
The largest global companies are providing more detail and breadth in their sustainability reporting, and also are obtaining a greater scope of assurance on those disclosures, according to an updated report from the International Federation of Accountants (IFAC) and AICPA >>> read more
The European Council and the European Parliament today reached a provisional deal on a directive on the time limits for the adoption of sustainability reporting standards for certain sectors and for certain third-country undertakings amending the Corporate Sustainability Reporting Directive >>> read more
A first global standard to holistically address the sustainability impacts of the mining sector is now available. The new GRI Standard reflects broad stakeholder demands for transparency and enables any mining company to use a common set of metrics to >>> read more
A new report, co-authored by the United Nations Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) and the United Nations Environment Programme Finance Initiative (UNEP FI), provides an overview of the key methodological and conceptual trends among the private sector assessment >>> read more
The International Ethics Standards Board for Accountants (“IESBA”) today announced the launch of two Exposure Drafts (EDs): International Ethics Standards for Sustainability Assurance ED, which includes revisions to the existing Code related to sustainability reporting; Using the Work of an External >>> read more
As nature faces unprecedented pressures, with human activity the leading cause for one million animal and plant species being pushed to the brink of extinction, GRI has today published a major update to its Biodiversity Standard. Setting a new global >>> read more
Members of the European Parlement (MEPs) approved two-year delay in developing sector-specific sustainability reporting standards and those for companies from outside the EU but they want them published when ready. Less red tape The Commission proposal aims to rationalise reporting >>> read more
EFRAG is pleased to announce its public consultation on the two Exposure Drafts on sustainability reporting standards for SMEs. The consultation period will run until 21 May 2024, and EFRAG invites all stakeholders to provide comments through the online consultation >>> read more