Efforts to establish a Task Force on Nature-related Financial Disclosures (TNFD) have today passed an important milestone with the announcement of an Informal Working Group (IWG) comprising some of the world’s biggest banks, investors and companies, as well as governments >>> read more
News
A response to the WEF and Big 4
Source: , 28 September 2020Once upon a time there was a glimmer of hope that accountants could save the planet. The motivation for this report is unclear and expressed differently in different parts. But it is not going to save the planet. Stakeholder Capitalism >>> read more
Accountancy Europe welcomes cooperation by sustainability reporting bodies
Source: Accountancy Europe, 25 September 2020Accountancy Europe says: “A crucial step towards global standards for non-financial information (NFI) reporting: that’s how we view the joint statement that CDP, CDSB, GRI, IIRC and SASB issued on 11 September 2020″. This is an unprecedented and much awaited move towards cooperation by the 5 leading global organisations on sustainability and integrated reporting. We >>> read more
GRI: “Sustainability metrics debate must include multi-stakeholder input”
Source: , 24 September 2020GRI has cautiously welcomed a report from the World Economic Forum (WEF) that identifies sustainability metrics that members of the International Business Council (IBC) should disclose, while highlighting that it does not go far enough. Towards Common Metrics and Consistent Reporting >>> read more
The 10th Annual Sustainability Reporting Performance of the FTSE 100
Source: EcoAct, 23 September 2020The 10th annual research into the Sustainability Reporting Performance of the FTSE 100 is now available to download, along with the three other indices in the international research (CAC 40, DOW 30 and IBEX 35) of EcoAct. This decade will >>> read more
Measuring Stakeholder Capitalism: Top Global Companies Take Action on Universal ESG Reporting
Source: World Economic Forum, 22 September 2020The World Economic Forum today released a set of universal environmental, social and governance (ESG) metrics and disclosures to measure stakeholder capitalism that companies can report on regardless of their industry or region. Organized around the pillars of principles of >>> read more
IFAC Calls for Creation of an International Sustainability Standards Board Alongside the International Accounting Standards Board (IASB)
Source: IFAC, 12 September 2020IFAC, the global voice of the accountancy profession, today called for the creation of a new sustainability standards board that would exist alongside the IASB under the IFRS Foundation. The proposed board would address the urgent and growing demand from >>> read more
A powerful interim step towards a single, coherent global set of reporting standards
Source: , 11 September 2020Transparent measurement and disclosure of sustainability performance is now considered to be a fundamental part of effective business management, and essential for preserving trust in business as a force for good. Yet, the complexity surrounding sustainability disclosure has made it >>> read more
Members and chair appointed of the European Lab Project Task Force on prepatory work for the elaboration of possible non-financial reporting standards
Source: EFRAG, 7 September 2020The European Lab Steering Group has appointed the members and Chair of the Project Task Force to operate the project on preparatory work for the elaboration of possible EU non-financial reporting standards, mandated to EFRAG by the European Commission. Following >>> read more
Study: Creating a global standard for sustainability reporting
Source: Institute for Advanced Sustainability Studies (IASS), 2 September 2020Today, many companies already report on the impact of their activities on sustainability. The reporting frameworks used by these companies are increasingly adopting verifiable standards. However, the sheer diversity of reporting frameworks and standards makes it difficult to compare the >>> read more
You are invited: The IIRC’s virtual Global Conference, 30 November – 2 December
Source: International Integrated Reporting Council, 12 August 2020Is your organization creating sustainable value? Do you have a resilient business model, developed through an integrated approach to strategy? Do you know how to best communicate value creation to investors? Gain the latest best practice strategies for long-term value >>> read more
Substantial increase in sustainability reporting regulations around the world
Source: Global Reporting Initiative (GRI), 10 August 2020A new report assessing the regulatory landscape for sustainability reporting has found that environmental, social and governance (ESG) disclosure has never been more pervasive globally – and is now firmly in the mainstream of disclosure on organizational performance. As the >>> read more