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Launch of new GRI guide on using policy to enable transparency

Source: Global Reporting Initiative (GRI), 22 March 2021

With rising policy measures across global markets in support of responsible business conduct, GRI has launched a new publication to set out how policymakers can use the power of transparency to affect positive change. The GRI Standards: A Guide for >>> read more

IFAC Convenes Leadership of Global Accountancy Profession to Progress Sustainability Agenda

Source: IFAC, 15 March 2021

The International Federation of Accountants (IFAC) last week convened over 150 chief executives and senior leaders of professional accountancy organizations around the world, together with its Board of Directors, to discuss critical issues relevant to the future of the accountancy >>> read more

The Tipping Point Fund on Impact Investing provides grants to support IIRC, SASB merger

Source: The Tipping Point Fund, 12 March 2021

The Tipping Point Fund on Impact Investing (TPF), a donor collaborative vehicle with a mission of scaling the practice of impact investing, today announced that it would award a combined $500,000 in two grants to the International Integrating Reporting Council >>> read more

GRI: IFRS proposals on corporate sustainability are a step in right direction

Source: Global Reporting Initiative (GRI), 9 March 2021

An update on the IFRS sustainability standards consultation process offers encouraging signs that their changes can strengthen financial reporting by companies, which alongside sustainability reporting with both on an equal footing, would improve transparency on sustainability risks and opportunities – >>> read more

WWF welcomes the European Financial Reporting Advisory Group Task Force’s ambitious recommendations on sustainability reporting standards

Source: WWF, 9 March 2021

Yesterday, the Task Force on Non-Financial Reporting Standards, of which WWF was a member, published its recommendations to the European Commission on what a robust sustainability disclosure standard should look like. The aim of the standards is to guide companies on >>> read more

EFRAG publishes two reports on development of EU sustainability reporting standards

Source: EFRAG, 8 March 2021

EFRAG published today two reports submitted to the European Commission setting out recommendations on the development of EU sustainability reporting standards. The reports were prepared in line with European Commission mandates received by EFRAG and EFRAG Board President Jean-Paul Gauzès >>> read more

IFRS Foundation Trustees announce strategic direction and further steps based on feedback to sustainability reporting consultation

Source: IFRS Foundation, 8 March 2021

The Trustees of the IFRS Foundation met 2-4 March 2021 to continue their analysis and discussions of the feedback received to their Consultation Paper on Sustainability Reporting (2020 Consultation). Feedback to the 2020 Consultation confirmed an urgent need for global sustainability reporting standards >>> read more

Study: Global Corporate Leaders Leave Investors Blind on ESG

Source: Global ESG Monitor (GEM, 3 March 2021

The state of transparency in corporate sustainability reporting leaves big blind spots for investors. This is revealed by the Global ESG Monitor (GEM) – a study of ESG reports from the largest listed companies in Europe, the United States and >>> read more

IOSCO calls for globally consistent, comparable, and reliable sustainability standards

Source: IOSCO, 2 March 2021

The International Organization of Securities Commissions (IOSCO) has released a statement noting the urgent need for global sustainability standards and supporting a Sustainability Standards Board (SSB) under the IFRS Foundation. The IOSCO Board has reviewed the progress made over the >>> read more

IFAC and IIRC set out a vision for accelerating integrated reporting assurance

Source: IIRC, 26 February 2021

As an increasing number of businesses around the world implement integrated reporting as a route to long-term value creation and sustainable development, the demand for assurance services on such reports is expected to rise accordingly. To help meet this demand, >>> read more

GRI and B Lab team up on impact management

Source: Global Reporting Initiative (GRI), 24 February 2021

Two of the leading global enablers for environmental, social and governance impact management and disclosure have joined forces to help organizations get more out of their reporting and assessment tools. This collaboration allows companies to optimize their contribution to a >>> read more

Biodiversity: the Next Investor Demand for Companies, New Study by Leaders Arena

Source: Leaders Arena, 23 February 2021

Leaders Arena ESG Advisory Services has released a Biodiversity Reporting study which uncovers the extent to which companies are reporting on the topic of biodiversity within their sustainability reporting. Companies can leverage these insights to help improve ESG communication and address >>> read more

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News

  • EU Council signs off simplification of sustainability reporting and due diligence requirements to boost EU competitiveness
  • Research of 1,000 companies finds significant progress needed to improve how air pollutant impacts are disclosed and quantified
  • GRI launches new guide to help companies succeed in their biodiversity reporting journeys
  • There is a strong positive correlation between companies that disclose their impacts and improved financial performance
  • EFRAG provides its technical advice on draft simplified ESRS to the European Commission
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