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EFRAG and GRI to co-construct biodiversity standard

Project marks a next step in aligning global and European sustainability standards GRI and The European Financial Reporting Advisory Group (EFRAG) have joined forces on the technical work for their respective new biodiversity standards. EFRAG is to make the draft EU standard available to the Commission mid-June, while GRI’s aims to release an updated GRI Biodiversity

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Corporate Reporting Dialogue dissolves, as global harmonization efforts take hold

An initiative convened in 2014 to strengthen cooperation, coordination and alignment between key standard setters and framework developers, otherwise known as The Corporate Reporting Dialogue has dissolved. The initiative that had significant international influence on the corporate reporting landscape. The reason behind this was the success of its mission given the upcoming consolidation of four

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German Translation of the SASB Standards Now Available

German translations are now available for the SASB Standards for 77 industries as announced by The Value Reporting Foundation. Following on from French and Spanish translations, the German translations have been welcomed, with Japanese translations coming soon. German-domiciled companies such as Adidas, BASF, Bayer, Daimler, Deutsche Bank, Merck and Siemens and BASF has been involved

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92% of S&P 500® Companies and 70% of Russell 1000® Companies Published Sustainability Reports in 2020, G&A Institute Research Shows

The leading consulting firm on corporate sustainability and ESG, Governance & Accountability Institute, Inc. (G&A) has announced the results of its 2021 Sustainability Reporting in Focus analysis with regard sustainability reporting trends among companies in the S&P 500® Index and the Russell 1000® Index. The report comes on the 10th anniversary of G&A’s research series

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Moves to expand disclosure for financial markets are welcome

GRI responds to IFRS Foundation’s creation of a new sustainability board and consolidation of CDSB and VRF into the foundation GRI has applauded the IFRS Foundation’s announcement that, through the setting up of an International Sustainability Standards Board (ISSB), they will address the impacts of sustainability topics on value creation within their standards. On the

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Standards needed to achieve net-zero, said UNSG at COP26

Alongside a proposed Expert Group, ISO and IEC are now ready to share standards and knowledge. The International Electrotechnical Commission (IEC) and the International Organization for Standardization (ISO), two of the world’s main creators of international standards, have expressed considerable interest in collaborating with the United Nations to address climate change. They were reacting to

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81% of listed companies lack a robust plan for net zero according to climate reporting research

The Climate Reporting Performance of the FTSE 100, Euro STOXX 50 and DOW 30 has been released by EcoAct, an Atos company. The report, containing a leader board ranking the top 20 nations for climate disclosure, concluded that less than 1 in 5  companies within the research group have targets connected to long-term emissions reduction in order to

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Call for a unified approach to Sustainability Reporting

In an open letter calling on regulators to align pending European sustainability reporting standards with worldwide consistent and comparable performance metrics and disclosures, 56 organizations, representing over EUR 8.5 trillion in assets and employing over 5 million people have addressed the European Union’s institutions today. Addressed to the European Commission, the European Parliament and the Council of the

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London Stock Exchange Publishes Climate Disclosure Guidance for Issuers

The London Stock Exchange announced the launch of its Climate Transition Offering, publishing disclosure guidance for issuers on the exchange, aimed at enabling companies to integrate climate risks and opportunities into decision making and report on emissions performance. The LSE is the first exchange to publish climate reporting guidance based on the Sustainable Stock Exchanges

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New edition of Reporting Matters highlights key role corporate transparency plays in addressing pressing global challenges

Reporting and accountability have never been more essential, as businesses strengthen their sustainability commitments through WBCSD’s updated membership conditions according to a new report launched today by the World Business Council for Sustainable Development (WBCSD). The findings can be finding in the ninth edition of Reporting Matters – WBCSD’s annual look at its member companies’ sustainability and integrated reports