GRI has welcomed the outcome of a vote in the European Parliament in which MEPs reaffirmed the commitment to the European Sustainability Reporting Standards (ESRS), which will now apply to 50,000 companies from January 2024 onwards. As recently confirmed by GRI >>> read more

Across the globe momentum is building for sustainability reporting and assurance in the public sector. The IPSASB decided to move forward with the development of public sector specific sustainability reporting standards beginning with a Climate-Related Disclosures standard. Finance and audit >>> read more

Ceres applauds the California State Assembly for voting to approve first-in-the-nation transparency into the climate impacts of the largest corporations for investors, consumers, employees, and communities. The Assembly today passed the first of two proposed bills related to corporate climate >>> read more

EFRAG and GRI publish today a joint statement on the high level of interoperability achieved between the European Sustainability Reporting Standards (ESRS) and the GRI Standards. Following the requirement of the CSRD to adopt a double materiality approach and to take account >>> read more

In a significant development toward a global baseline for sustainability-related financial disclosures, IFRS has released the ISSB standards. Companies with operations or subsidiaries in the European Union are preparing for new mandatory sustainability disclosures under the EU’s Corporate Sustainability Reporting Directive >>> read more

EFRAG welcomes the adoption of the Delegated Act on the first set of European Sustainability Reporting Standards (ESRS) by the European Commission on 31 July 2023 and expresses its gratitude to all of those that contributed to this milestone. EFRAG >>> read more

The Commission has today adopted the European Sustainability Reporting Standards (ESRS) for use by all companies subject to the Corporate Sustainability Reporting Directive (CSRD). This marks another step forward in the transition to a sustainable EU economy. Mairead McGuinness, Commissioner for Financial Services, Financial Stability >>> read more

The International Sustainability Standards Board (ISSB) has today issued its inaugural standards—IFRS S1 and IFRS S2 —ushering in a new era of sustainability-related disclosures in capital markets worldwide. The Standards will help to improve trust and confidence in company disclosures about >>> read more

The European Commission launched on 9 June 2023 the 4-week period of public feedback on the draft Delegated Act for the first set of European Sustainability Reporting Standards (ESRS). ​EFRAG as technical advisor to the European Commission under the Corporate Sustainability Reporting >>> read more

KPMG firms are collaborating with Microsoft to launch a range of innovative new solutions to support businesses on their environmental, social and governance (ESG) journey. Building on KPMG’s US$5 billion investment in technology, people and innovation, as well as an >>> read more

The majority (94%) of European organisations surveyed are working to become compliant with the CSRD (Corporate Sustainability Reporting Directive) by 2024, but their lack of decisive action is putting them at risk of running out of time, according to a >>> read more

At its April meeting, the International Auditing and Assurance Standards Board (IAASB) confirmed its intention to advance the consultation on its proposed new standard for sustainability assurance, International Standard on Sustainability AssuranceTM (ISSA) 5000, General Requirements for Sustainability Assurance Engagements. Subject to the >>> read more