News

Italian translation of the IR Framework published

A translation of the International <IR> Framework in Italian, has been released by The Value Reporting Foundation, which was overseen by the Foundation of Italian Business Reporting (OIBR). Via a webinar hosted by OIBR, the Italian translation was launched early last week which explored the 2021 revisions to the <IR> Framework, and how Italian businesses

News

Towards new EU sustainability reporting standards

Support from Caisse des Dépôts has been welcomed by GRI for its contribution to EFRAG’s technical work. GRI welcomes the support from French Caisse des Dépôts to underpin the finalization of the announcement of a Statement of Cooperation, in July 2021, between GRI and the European Financial Reporting Advisory Group (EFRAG) Project Task Force to co-construct

News

First internationally-agreed recommendations for a set of core climate change-related indicators will inform urgent action

The UNECE has published a Set of Core Climate Change-related Indicators and Statistics. This was accompanied by a collection of Implementation Guidelines, both endorsed by the Conference of European Statisticians (CES). Climate change is an existential risk, presenting a gigantic challenge for humanity. To decide on the best course of action, a deeper understanding of all its

News

ISS ESG Launches Automated Portfolio Reporting Solutions for EU Taxonomy, SFDR Compliance

An automated portfolio set up in order to report capabilities to its EU Regulatory Solutions suite has been announced by the Institutional Shareholder Services’ (ISS) responsible investment arm, ISS ESG. The announcement took place on the 1st of September. The objective is to facilitate compliance with the EU Taxonomy reporting obligations and Sustainable Finance Disclosure Requirements

News

Pandemic sees business sustainability take centre stage

New podcast series uncovers the true facts in SDG reporting Despite the fact that the so-called ‘Decade of Action’ for the Sustainable Development Goals (SDGs) is currently in operation, we ask ourselves how can companies look beyond the processes and paperwork, to grasp in detail the ways their impacts and actions can assist or hinder

News

Guidance and online course launched by CDSB to help companies disclose water-related financial information to investors

A new guidance and an online course to assist the disclosure of financial water-related information by companies has been released  by the Climate Disclosure Standards Board (CDSB). Sustainable management of water is paramount to businesses. In 2020, corporates announced water-related risks to total US$301 billion through CDP; while commenting that the investment needed to allay those risks was just US$55 billion.

News

Switzerland Announces Mandated Climate Reporting for Public Companies, Financials

A planned timeline for mandated climate disclosure for major companies has been announced by the Swiss government. The idea behind this is to join the ranks of nations in order to boost the requirements of sustainability reporting. Public companies, banks and insurance companies with greater than 500 employees, more than CHF 20 million in total

News

Navigating the reporting landscape

“With a clear global trend towards mandatory sustainability reporting, the expectations of finance professionals are changing. A4S and its ABN Network have produced guidance to help accountants navigate the rapidly changing corporate reporting landscape, and make sustainable business, business as usual.” Jessica Fries, Executive Chairman, A4S Historically, financial terms have always been the measurement for business

News

Public sector lags behind private sector on climate reporting

More than half (56%) of public sector organisations do not currently report on their climate impact as revealed by a recent international survey of public sector professionals by CIPFA, the Chartered Institute of Public Finance and Accountancy. This research sets out a baseline from which the evolution of sustainability reporting in the public sector may

News

GRI, EFRAG, Collaborate on Development of EU Sustainability Reporting Standards

The Global Reporting Initiative (GRI) and the European Financial Reporting Advisory Group (EFRAG) announced a new cooperation agreement for the development of EU sustainability reporting standards and supporting convergence with global standards. The EU and GRI are both committed to standards that are multi-stakeholder inclusive and address the impacts organizations have on the environment, society