Recent changes in greenhouse gas emissions reporting enable large electricity consumers to apply market forces, compelling electricity providers to shift towards renewables. Many of our clients are knowledge-based companies. For these companies, electricity is not a material source of emissions >>> read more
News
New report about Future Trends in Sustainability Reporting highlights the UN Sustainable Development Goals
Source: Sustainability, 3 February 2017SustainAbility and GRI have published insights on four key trends fundamental to the UN Sustainable Development Goals: climate change, human rights, wealth inequality, and data and technology. The insights provide practical guidance to organizations responding to the risks and opportunities that >>> read more
Expanding the accounting ecosystem
Source: Strategic Finance, 1 February 2017Nonfinancial capital is a key to strategizing for an environmental future that may go beyond global. Leading climate scientists suggest that if society continues on the current track of global development, a temperature increase of four degrees Celsius could become >>> read more
The importance of sustainability accounting and reporting in assessing a firm: A student’s perspective
Source: Accounting Today, 31 January 2017Accounting students have the arduous task of learning how to prepare and analyze financial reports. Like other users of financial data, they may wonder if the numbers alone are enough to evaluate a firm. From the perspective of millennials, issues regarding >>> read more
Are Standardized ESG Disclosures Effective?
Source: WealthManagement.com, 30 January 2017The push is on for companies to report their non-financial metrics around sustainability in a standardized way that can be rated and ranked. As more asset managers look to incorporate environmental, social and corporate governance (ESG) criteria into their investment >>> read more
WBCSD launched the report “Sustainability and enterprise risk management”
Source: WBCSD, 27 January 2017WBCSD launched the new report “Sustainability and enterprise risk management” at the World Economic Forum in Davos. The report marks the first step in bridging the gap between the way companies consider sustainability issues in their risk management processes, and the >>> read more
The Materiality Gap between Investors, the C-suite and Board
Source: The Conference Board Governance Center, 26 January 2017Investors, the C-suite and boards have different views about what is, or should be, considered material information. A company’s financial results would be considered material by all parties. Based on SEC rules, companies are required to provide updates on their >>> read more
Newly Released Guidance Aims to Improve Transparency in the Palm Oil Industry
Source: Ceres, 25 January 2017With rainforest destruction and forced labor urgent concerns in palm oil cultivation, a diverse group of NGOs and investor organizations releases today shared guidance for corporate reporting on company commitments towards responsible palm oil sourcing and production. Collaboratively developed by >>> read more
The importance of Integrated Reporting for internal decision making
Source: IIRC, 24 January 2017While much of the focus on Integrated Reporting has been on the needs of external stakeholders, the needs for better internal decision making can be significantly improved through utilizing the six capitals approach. As an example in 2014 I worked >>> read more
Non-Financial Reporting for 2017 – what you need to know
Source: CarbonClear.Com, 19 January 2017The 2017/18 financial year will see the first year of reporting under the EU Non-Financial Reporting (NFR) Directive, which was implemented into UK law as the ‘The Companies, Partnerships and Groups (Accounts and Non-Financial Reporting) Regulations 2016’, effective January 1st >>> read more
Study finds current corporate sustainability reporting misses the mark
Source: Phys.org, 19 January 2017A new study finds that corporate sustainability reporting often focuses on issues that are unimportant to stakeholders, and offers specific suggestions to improve the content of future corporate sustainability reporting efforts. “Right now, most corporate entities rely on guidelines from >>> read more
UN World Data Forum wraps up with launch of Cape Town Global Action Plan for Sustainable Development Data
Source: http://www.UNDataForum.org, 18 January 2017The inaugural United Nations World Data Forum is concluding today with the launch of a global plan for better data to improve people’s lives, and new ideas and solutions to boost the collaboration, resources and policies needed to put it >>> read more