News

70% of companies fail to disclose impact on world’s forests

A large majority of major corporations are failing to be transparent about their impacts on global deforestation and many are taking inadequate steps to tackle it, according to a new report released yesterday by environmental non-profit CDP. Over 1,500 companies deemed to have a significant impact on deforestation or to be susceptible to deforestation risk

News

Swiss listed companies commit to sustainable reporting disclosure

Over one third of companies that are listed in the Swiss Market Index (SMI) are voluntarily committed to sustainability reporting, according to SIX Exchange Regulation, an autonomous and independent body within SIX that regulates and monitors participants and issuers.  Two years ago, in recognition of the growing importance of sustainability reporting, the Regulatory Board passed Art.

News

Major players across chemical and electric utility sectors share TCFD implementation experience

Today, through collaboration with the World Business Council for Sustainable Development (WBCSD), eleven leading companies across chemical and electric utility sectors provide an in-depth look at climate-related financial disclosure in two landmark reports. As part of the Task Force on Climate-related Financial Disclosures (TCFD) Preparer Forums for Chemicals and for Electric Utilities, AkzoNobel, BASF, DSM,

News

GRI Chief Executive testifies to US House Committee on strengthening ESG legislation

GRI’s Chief Executive, Tim Mohin, testified on Wednesday 10 July 2019 before the US House Committee on Financial Services, which is considering new corporate reporting requirements for Environmental, Social and Governance (ESG) information. Addressing members of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets at a hearing in Washington, DC, Tim Mohin set out

News

New research finds highest-emitting companies off-track to meet Paris climate goals, and puts investors on “emergency footing”

A major new report assessing the climate performance of 274 of the world’s highest-emitting publicly-listed companies finds that almost half (46%) do not adequately consider climate risk in operational decision-making. A quarter (25%) do not report their own emissions at all, undermining a key recommendation of the Taskforce for Climate-related Financial Disclosure (TCFD). The report

News

DFIN Survey Reveals Gaps in Implementation and Reporting of Environmental, Social and Governance Issues

Despite environmental, social and governance issues rising to the forefront of Fortune 500 companies’ corporate strategies due to growing interest from institutional investors, gaps still exist within the implementation and reporting of these ESG initiatives, according to new data released by Donnelley Financial Solutions (NYSE: DFIN), a leading global risk and compliance company. In recent

News

Crucial contribution of business to Paris Agreement

Private sector role in achieving progress towards UN climate change goals Policy makers and businesses need to work closer together to ramp up private sector engagement in the climate change commitments made under the Paris Agreement. Nationally Determined Contributions (NDCs) set out the efforts by individual countries to cut emissions and adapt to the impacts

News

What The World Can Learn From The Japanese Experience In Integrated Reporting

According to a recent report by the KPMG Integrated Reporting Center of Excellence, in 2018 there were 414 self-declared integrated reports by Japanese companies. This is up from 24 in 2010, a compound annual growth rate of 43 percent. For the most part, these are large companies. Of the 2,218 companies in the First Section of the

News

Crafting and Reporting Decision-Useful ESG Communications

As ESG initiatives and decision-useful reporting continue to gain importance, many C-suite and boards of directors are truly starting to pay attention. Every issuer is on its own ESG journey, regardless of whether the firm is disclosing ESG and sustainability reports today. As ESG initiatives and decision-useful reporting continue to gain importance, many C-suite and

News

UK expects all listed companies and large asset owners to disclose in line with TCFD by 2022

Ambitious goals are underpinned by collaboration with the private sector and initiatives to support implementation. The UK has launched its first Green Finance Strategy, outlining a wide range of actions to support financial system that supports and reaps the opportunities of a low-carbon and environmentally sustainable economy. As part of its strategy, the UK will take