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Recently, the Project Task Force of Climate-related Reporting of the European Lab launched its report: ‘How to improve climate-related reporting –

Recently, the Project Task Force of Climate-related Reporting of the European Lab launched its report: ‘How to improve climate-related reporting –  A summary of good practices from Europe and beyond​’. To mark the occasion a networking event was organised at EFRAG’s premises, with Pascal Canfin, Chair of the EP ENVI Committee, Michèle Lacroix, Chair of Project Task

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More than 1,000 Global Organizations Declare Support for the Task Force on Climate-related Financial Disclosures and its Recommendations

The Task Force on Climate-related Financial Disclosures (TCFD) announced yesterday that it has officially reached more than 1,000 supporters globally for its recommendations, signifying a major shift among market participants in acknowledging that climate change presents a financial risk. Together, the private sector organizations that are supporters have a market capitalization of nearly $12 trillion.

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Sustainability reporting at center of EU’s Green Deal

Quality disclosure requirements critical to Europe’s €1 trillion sustainable investment plan Global Reporting Initiative welcomes the European Green Deal as a global game changer that other economies should follow. With ambitious legislative changes backed by €1 trillion investment over the next decade, the EU is signalling leadership in efforts to advance sustainable development and tackle

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Companies Have Significantly Increased Disclosure on Sustainability Issues, But Pressure to Do More Continues

A new study finds that companies are significantly increasing disclosure of their environmental and social practices, but change in underlying practices has not kept pace. Published by The Conference Board, Sustainability Practices: 2019 Edition analyzes data on sustainability disclosure across North America, Europe, and Asia-Pacific. The report shows that in the face of increasing pressure, a growing number of companies

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CDSB publishes changes needed to ensure successful revision of the EU Non-Financial Reporting Directive

Non-financial reporting must be in the management report to satisfy investor needs and ensure that the Directive on Non-Financial Reporting is fit for purpose to achieve Europe’s ambitious sustainable finance goals. As outlined in the EU Green Deal, the European Commission will review the Non-Financial Reporting Directive (NFRD). Last week, the European Commission started the

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An analysis of sustainability and integrated reporting in Norway

In 2019, for the second year running, Deloitte Norway studied the annual and sustainability reports of the 50 largest companies headquartered in the country, analysing their maturity in terms of integrated reporting and sustainability reporting. Norwegian companies generally recognise that a focus on sustainability and social responsibility provide a competitive advantage, and that access to information related

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Creating a sustainability standard for agriculture and fishing

Call for experts to join GRI Sector Standard working group​ The world’s leading sustainability reporting standards setter is developing a new standard to help agriculture and fishing organizations improve how they disclose and manage their impacts.  The Global Sustainability Standard’s Board (GSSB), the independent body that sets the GRI Standards, launched the Sector Program in

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Truvalue Labs’ Research on Dynamic Materiality™ Sheds New Light on Financial Implications of ESG

Truvalue LabsTM, the leading provider of AI-driven environmental, social and governance (ESG) data, introduced the patent-pending concept of Dynamic Materiality, indicating that every company, industry and sector has a unique materiality signature that evolves over time based on factors like emerging technologies and new regulations. Truvalue Labs’ research, based on its real-time analysis of sustainability

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Nasdaq Unveils New Platform to Simplify ESG Reporting

At Davos, Nasdaq announced the launch of a new ESG Reporting Platform, which aims to simplify the corporate sustainability and ESG reporting process for public companies. “We’re announcing today that we’re launching a service that allows [companies] to input the information once and we will then spread it out to all of the standard-setters and metric-makers simultaneously

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Helsinki Stock Exchange tops sustainability disclosure ranking while most flatlined

The world’s largest companies are under-reporting sustainability policies and performance, hampering investors’ access to data that will allow them to play a full role in the transition to a low-carbon economy, according to a new stock exchange report released by Corporate Knights and Aviva. While Nasdaq Helsinki topped the sustainability disclosure performance ranking for the