The EU Green Deal, climate neutrality, sustainable economic growth, and inclusion of all countries, a classification system for sustainable activities fulfils a key role, i.e. an EU Taxonomy. In March this year, the Technical Expert Group (TEG) on Sustainable Finance >>> read more

The European Banking Federation (EBF) responded to the European Commission consultation on the Review of the Non-Financial Reporting Directive (NFRD). Key Messages General recommendations Regulation instead of Directive Consistency of disclosure requirements across EU legislation  (alignment with EU Taxonomy Regulation, Disclosure >>> read more

The European Banking Federation, together with five other financial industry associations, is calling for the European Commission to establish a common ESG data register in the European Union to enhance the availability of relevant and reliable ESG data, facilitate disclosure >>> read more

105 investors from 23 countries, including Legal & General, Nordea Asset Management and the New York State Common Retirement Fund, are pressing for companies with a high impact on the environment to disclose data through CDP, the non-profit global environmental disclosure platform. >>> read more

A recent article in the Financial Times neatly pinpoints an underlying problem with sustainability reporting: the proliferation of frameworks that threaten to overwhelm investors and reporters. In the view of XBRL (the business reporting standard), it comes down to the >>> read more

The Association of Chartered Certified Accountants’ (ACCA) latest report Insights into Integrated Reporting 4.0, covers 48 companies – each are members of the International Integrated Reporting Council (IIRC) Business Network. As economies and companies around the world prepare for imminent recession >>> read more

The EU Commission initiated the reform of the EU Non-Financial Reporting Directive (NFRD). The severity of COVID-19 and its economic and social consequences have underlined the need to further and strengthen our efforts. The undersigned civil society organisations welcome this >>> read more

Conor Kehoe, former McKinsey & Company senior partner, has been appointed Chair of the International Integrated Reporting Council (IIRC) and will work with the IIRC Board and executive to achieve a global consensus on the structure and implementation of a >>> read more

Global Reporting Initiative (GRI) have announced the members of the project working group leading the work to create a new sustainability reporting standard for agriculture and fishing. The multi-stakeholder group, which includes diverse representatives from around the world, has met virtually >>> read more

There is a compelling case for the IFRS Foundation to help develop globally comparable standards for sustainability reporting – according to a recent speech from IFRS Foundation Trustee Teresa Ko. Ko’s speech, given at the inaugural meeting of the Hong >>> read more

Over the next 90 days, the International Integrated Reporting Council (IIRC) calls for your feedback on a new Consultation Draft, proposing revisions to the International <IR> Framework. The need for multi-capital thinking is more urgent than ever before, as businesses around the >>> read more

The findings from the latest analysis of environmental and climate-related disclosure by Europe’s major companies reveal that current corporate reporting practices could fall short on delivering on the objectives of the European Green Deal and the 2050 climate neutrality target. Launched today, the Climate Disclosure Standard Board’s (CDSB) “Falling short?” report analyses the 2019 environmental and climate-related disclosures of >>> read more