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IIRC and SASB form the Value Reporting Foundation, providing comprehensive suite of tools to assess, manage and communicate value

The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) yesterday officially announce their merger to form the Value Reporting Foundation. The Value Reporting Foundation supports business and investor decision-making with three key resources: Integrated Thinking Principles, Integrated Reporting Framework and SASB Standards. These tools help businesses and investors develop a shared

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Swiss watchdog FINMA requires banks, insurers to disclose climate risks

Large Swiss banks and insurance companies will have to provide qualitative and quantitative information about risks they face from climate change, Swiss financial watchdog FINMA said on Monday as it released an amended publication on disclosure. FINMA’s updated circular on the new obligations, to take effect on July 1, follows similar moves by the European Central Bank,

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Well-embedded integrated thinking can make organisations more resilient in the face of challenges, like those that arose from the COVID-19 pandemic.

The integrated reporting process can kick-start integrated thinking, by bringing people from across the organisation together through the reporting cycle. At the same time, for organisations to obtain the full benefits, the reports need to communicate this to investors and other external stakeholders. This report looks at three key ways in which integrated thinking is

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Scaling the e-mobility transition: climate-related financial disclosure and the automotive sector

Yesterday, through collaboration with the World Business Council for Sustainable Development (WBCSD), leading automotive manufacturers and service providers provided an in-depth look at climate-related scenarios, risk management and disclosure in Planning to scale the e-mobility transition: climate-related financial disclosure and the automotive sector. As part of the Task Force on Climate-related Financial Disclosures (TCFD) Preparer Forum

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CFA Institute Publishes Exposure Draft of ESG Disclosure Standards for Investment Products

New Standards seek to provide transparency and comparability of investment products with ESG-related features CFA Institute, the global association of investment professionals, announces today the publication of the Exposure Draft of its forthcoming voluntary, global Environmental, Social and Governance (ESG) Disclosure Standards for Investment Products (“the Standards”). The draft is an initial version of the

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BNP Paribas Asset Management and CDP partner to accelerate the development of biodiversity reporting metrics

BNP Paribas Asset Management (‘BNPP AM’) and CDP yesterday announce a partnership to explore and support the development of common biodiversity corporate reporting metrics.  With BNPP AM’s backing, CDP will start to develop a common, globally relevant corporate biodiversity reporting framework that accelerates action on nature within the private sector. CDP, which runs a global

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GPW and EBRD Publish “ESG reporting Guidelines”

The Warsaw Stock Exchange in partnership with the European Bank for Reconstruction and Development has published the ESG reporting Guidelines, an ESG reporting manual for listed issuers which structures and organises relevant guidelines and recommendations. Effective management of environmental, social and governance factors has been gaining prominence over the years under growing pressure of the

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Sharper focus on sustainability in sectors

Public comment open for two draft GRI Sector Standards – covering agriculture, aquaculture, fishing, and coal A consultation has launched to gather feedback on two proposed new Standards under GRI’s Sector Program, which will increase transparency within sectors by focusing attention on the sustainability issues that matter most. Adding to the Oil and Gas Sector

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High quality disclosures vital for investors ahead of 2021 interim reporting season

Ahead of the 2021 interim reporting season, a review by the Financial Reporting Council (FRC) has highlighted examples of good practice in company’s interim reporting and areas where further improvements are required. The FRC reviewed the reports of 20 quoted companies across a range of industries to assess the quality of interim reporting. Timely and reliable interim

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New ISO standard for assessing and reporting green finance activities

Climate change is upon us, and it isn’t cheap. Not only does managing the effects of global warming require funding, but more money is needed to bring greenhouse gas (GHG) emissions down. It is estimated that many trillions of dollars of investment are required if we are to meet the world’s net-zero carbon goals.  Green finance, or investing