The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) today announced their intention to merge into a unified organization, the Value Reporting Foundation, providing investors and corporates with a comprehensive corporate reporting framework across the full >>> read more
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Consultation: The CDSB Framework application guidance for water-related disclosures
Source: CDSB, 25 November 2020CDSB invites comments from multi-stakeholders on the CDSB Application guidance for water-related disclosures and how it can support the integration of material water-related information in corporate mainstream reports. About the guidance The CDSB Framework application guidance for water-related disclosure (Water Guidance) >>> read more
Progress report published for project on preparatory work for the elaboration of possible eu non-financial reporting standards
Source: EFRAG, 24 November 2020On 25 June 2020, the European Commission (EC) issued a request for technical advice mandating EFRAG to undertake preparatory work for the elaboration of possible EU non-financial reporting standards in a revised Non-Financial Reporting Directive (NFRD), the ultimate objective being to allow >>> read more
55 leading international asset owners and asset managers ask companies to use SASB Standards
Source: SASB, 18 November 2020The Investor Advisory Group (IAG) of the Sustainability Accounting Standards Board (SASB) today issued an updated statement calling on companies to use SASB Standards in disclosures to investors. The IAG’s 55 members (including Dutch APG and PGGM) represent 12 countries and $41 trillion >>> read more
Refreshed global leadership for GRI Board
Source: Global Reporting Initiative (GRI), 17 November 2020GRI, provider of the world’s most widely used sustainability reporting standards, has announced changes to its Board of Directors. The appointments come at a time when corporate sustainability is high on the global agenda – reinforced by the impact of >>> read more
Green initiatives at the heart of UK financial services welcomed by ACCA
Source: ACCA Global, 11 November 2020The UK Chancellor Rishi Sunak’s announcement that it will be mandatory by 2025 for large parts of the UK economy to disclose risks to their operations from climate change is welcomed by ACCA (the Association of Chartered Certified Accountants). The >>> read more
FRC publishes future of corporate reporting discussion paper
Source: FRC, 11 November 2020The UK Financial Reporting Council (FRC) has this week released a bold discussion paper proposing a future for corporate reporting based on a principles-based framework. It outlines a blueprint for a more agile approach to corporate reporting which challenges existing >>> read more
CDP reports record disclosures, despite Covid-19, as corporate environmental action rises
Source: CDP, 10 November 2020Over 10,000 companies, cities, states and regions reported data through global environmental non-profit CDP on climate change, water security and deforestation in 2020. This is the highest number of environmental disclosures CDP has ever seen, with a significant increase in >>> read more
Driving corporate reporting for the SDGs
Source: Global Reporting Initiative (GRI), 9 November 2020A new forum will leverage the power of corporate reporting to drive action towards accomplishing the Sustainable Development Goals (SDGs), by facilitating dialogue and collaboration between companies and their stakeholders. The GRI Business Leadership Forum is built around a series of quarterly >>> read more
BlackRock publishes Q3 Global Investment Stewardship-rapport: more companies are transparant about sustainability
Source: BlackRock, 29 October 2020Today, BlackRock published our Q3 Global BlackRock Investment Stewardship (BIS) report, which provides insight into the work of our stewardship team over the quarter. The report discusses how enabling investors to better identify, assess, measure and monitor sustainability-related risks is crucial to >>> read more
Third TCFD Status Report Shows Progress & Highlights Need for Greater Climate-Related Disclosures and Transparency
Source: TCFD, 29 October 2020The Task Force on Climate-related Financial Disclosures (TCFD), established by the Financial Stability Board (FSB), published its 2020 Status Report today. Reviewing 1,700 companies’ reports using artificial intelligence technology, the Task Force found that disclosure of climate-related financial information aligned >>> read more
65% of the Russell 1000® Index Published Sustainability Reports in 2019
Source: G&A Institute, 26 October 2020Governance & Accountability Institute (G&A Institute), a leading consulting and research firm focused on ESG and sustainability, issued its 2020 Russell 1000 Research Report on sustainability reporting trends of the companies in the Russell 1000 Index®. G&A Institute’s research team >>> read more