News

Reporting in CoronaWorld

The question on everyone’s (masked) lips.😷 Although we are currently publishing a 2019 Sustainability Report, should we include our response to COVID-19, even though it occurred in 2020?  In my view, the answer is unequivocally yes. Reporting is never in a vacuum, and when reality has changed so starkly between the time of preparation and the

News

A stronger foundation for impact driven reporting

​Public comment period begins for updated Universal Standards​​ (GRI 101, 102, 103) Changes to improve how organizations use the GRI Standards to disclose their impacts on the economy, environment and people have been made available for global consultation. From today (11 June), a three-month public comment period is underway to gather feedback on an exposure draft that

News

12 Ways To Drive Better ESG Reporting

It isn’t easy to find someone who disagrees with the underlying premise of sustainability. As stewards, we recognize the merits of leaving the world a better place for future generations. Institutional investors and asset managers have expressed strong support for reporting on environmental, social and governance (ESG) matters. The Business Roundtable’s release of its “Purpose of

News

105 investors press for environmental disclosure from 1000+ high-impact firms

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. The companies being engaged cover over US$8 trillion in global market capitalization, and are

News

IIRC opens 90-day consultation on revisions to the International Framework

Over the next 90 days, the International Integrated Reporting Council (IIRC) calls for your feedback on a new Consultation Draft, proposing revisions to the International <IR> Framework. The need for multi-capital thinking is more urgent than ever before, as businesses around the world adapt and diversify during the Covid-19 pandemic. The IIRC calls on stakeholders globally to

News

Agriculture and Fishing Project Working Group

GRI have announced the members of the project working group leading the work to create a new sustainability standard for agriculture and fishing, as part of GRI’s new Sector program. The multi-stakeholder group, which includes diverse representatives from around the world, has met virtually for the first time. They will now take forward the project

News

UN Secretary-General Releases 2020 SDG Progress Report

The yearly report of the UN Secretary-General on progress towards the 17 SDGs has been released ahead of the 2020 session of the UN High-level Political Forum on Sustainable Development (HLPF). The report draws on the latest available data on the indicators contained in the global SDG indicator framework as of April 2020. It also

News

A Post-COVID-19 Agenda for Sustainability Reporting

As COVID-19 continues to cause significant turbulence for business and now collides with the arrival of spring “peak reporting season,” companies are experiencing a moment of introspection and posing several questions to themselves: What business risks did our Form 10-K miss? Which nonfinancial data would have helped us better determine our exposure or resilience? How might our definition of what constitutes a «material issue» change? What COVID-19 related information do stakeholders need to judge the effectiveness of our response?  The

News

How has integrated reporting changed over the past four years?

There is growing interest in and urgency about improving reporting by companies among investors and other stakeholders, and therefore by regulators and lawmakers.  This report summarises the findings from reviews of the reports of 48 members of the International Integrated Reporting Council (IIRC) Business Network carried out in 2019 by ACCA in collaboration with the

News

78% of Europe’s largest companies falling short of adequately reporting environmental and climate-related risks despite EU guidelines

 The findings from the latest analysis of environmental and climate-related disclosure by Europe’s major companies reveal that current corporate reporting practices could fall short on delivering on the objectives of the European Green Deal and the 2050 climate neutrality target.       Launched today, the Climate Disclosure Standard Board’s (CDSB) “Falling short?” report analyses the 2019 environmental and climate-related disclosures of Europe’s top 50 largest listed companies, with a combined market capitalisation of US$4.3 trillion. The review was based