European Commission Executive Vice President Valdis Dombrovskis has issued a request for technical advice mandating EFRAG to undertake preparatory work for possible EU Non-Financial Reporting Standards in a revised Non-Financial Reporting Directive (NFRD). In addition, Executive Vice President Valdis Dombrovskis >>> read more

ACCA, Accountancy Europe, Association of German Banks (BdB), CDSB, EFAMA, Frank Bold, IIGCC, Schroders, ShareAction, WWF have decided to form an informal group on Sustainable Finance. The group is used as a platform for collaboration and coordination and can serve >>> read more

COVID-19 has intensified focus on sustainable finance and sustainability reporting.  The stream of social media posts, articles in the FT and press releases by connected organisations have increased.  The #BuildBackBetter hashtag is being used to advocate for economic interventions post >>> read more

Sustainable Brands ® (SB) and SOCAP Global (SOCAP) jointly announce the formation of a partnership to bring to market Integrate 2020, the evolution of SB’s New Metrics conference, now in its 8th year. The vision for this virtual conference is to address the >>> read more

GRI, provider of the world’s leading standards for sustainability reporting, has expressed full support for the European Commission’s plans to revise the Non-Financial Reporting Directive (NFRD), for which a public consultation closed on 11 June. This process sought views from >>> read more

Janine Guillot (CEO of the SASB Foundation) states that the EU Non-Financial Reporting Directive (NFRD) can lay the foundation for a Global ESG Disclosure Solution. Companies around the world are increasingly reporting on their sustainability performance. However, we still hear >>> read more

The Global Sustainability Standards Board (GSSB), GRI’s independent standard-setting body, is pleased to announce that a public comment period to gather feedback on the exposure draft of the revised Universal Standards (GRI 101, 102, 103) is now open for feedback. >>> read more

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