‘Greenwashing’ concerns can’t be addressed without effective reporting standards When it comes to how sustainable business practices are measured and accomplished, one needs to ask what exactly is the role of the various ESG standards, frameworks, ratings and rankers? The GRI Perspective sets out – ESG standards, frameworks and everything in between each have their own essential
More ambition in scope and reach needed to achieve greater impact GRI – the provider of the world’s most widely used sustainability reporting standards – is asking for companies to conduct due diligence on human rights and environmental issues to be more strongly embedded in the legal framework. This follows the publication of the European
The Romanian translation of the AA1000 AccountAbility Principles (AA1000AP, 2018) has been made available in the public domain by AccountAbility, as they seek expansion globally in terms of access to its principles-based sustainability guidance. The new translation is now available for free download on AccountAbility’s website. The AccountAbility Principles have been in force for more than
Updates to GRI services for companies using the revised Universal Standards to ensure better reports Development of support services available to help organizations effectively meet stakeholder needs and expectations while reporting their impacts on the economy, the environment and people has been proudly announced by the GRI. The GRI Report Services have been expanded to
The Sustainable Finance Roadmap 2022-2024 (Roadmap) has been published by the European Securities and Markets Authority (ESMA), the EU’s securities markets regulator. The ESMA points out three priorities for its sustainable finance work: Building National Competent Authorities’ (NCAs) and ESMA’s capacities in the sustainable finance field; Tackling greenwashing and promoting transparency; and Monitoring, assessing and analysing
Multi-stakeholder demands for transparency on sustainability impacts can’t be ignored ‘Stakeholder capitalism’ — What does adopting it really mean, and why should companies be answerable when effecting society and the environment, and not only the investors’ interests? These pivotal questions have been addressed in Towards stakeholder capitalism: how we can get there, the second instalment of
The final draft implementing technical standards (ITS) on Pillar 3 disclosures on Environmental, Social and Governance (ESG) risks has been published by the European Banking Authority (EBA). The final draft ITS has shown comparable disclosures concerning how climate change may aggravate other risks within institutions’ balance sheets, how institutions are mitigating those risks, and their
Further to the announcement of 3 November 2021, the CDSB has today been consolidated into the IFRS Foundation. The IFRS Foundation, CDP and the Climate Disclosure Standards Board (CDSB) are delighted to announce as this sets the finalization of the initial stage of the commitment made by leading investor-focused sustainability disclosure organisations CDSB and the
Environmental, Social and Governance (ESG) issues have become even more pressing for executives, boards, and policymakers. These include huge trends worldwide such as climate change, geopolitical shifts, and the continuous emergence of disruptive technologies, as well as the COVID-19 pandemic. Emerging opportunities such as pioneering technologies and solutions in advanced manufacturing are opening up throughout
418 companies with a combined market capitalization of USD16 Trillion and headquartered in 45 countries and regions are included in the 2022 Bloomberg Gender-Equality Index (GEI), Bloomberg has this week announced. The GEI assists in transparency reporting on gender-related practices and policies at publicly-listed companies, developing environmental, social, governance (ESG) data available to investors. An
Follow Us