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Increased action needed on human rights reporting

Recommendations for governments to strengthen business accountability ​Governments need to do more to help businesses understand, mitigate and improve their human rights impacts – by strengthening transparency and reporting requirements. This is the key finding of a report from GRI looking at the progress countries have made towards meeting their duty under the UN Guiding

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Next-generation corporate sustainability leadership: new lines of accountability

The environmental movement in the United States reached its zenith in the 1960s with the passage of comprehensive regulations, and ensuing market responses, to protect our land, air and water. Increasing challenges to federal regulations and enforcement, combined with worsening reports on climate change and natural resource losses, raise the question: How can we ensure

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New guidance brings clarity on non-financial assurance

The World Business Council for Sustainable Development (WBCSD) and the Institute of Chartered Accountants in England and Wales (ICAEW) launched guidance on non-financial assurance. The publication is designed to demystify common misconceptions about assurance and help users procure fit-for-purpose assurance services.   Independent assurance can enhance credibility and trust in information found in companies’ corporate reports and

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Where The Wild Things Are: Biodiversity and Sustainability Reporting

Are you responsible for your company’s annual sustainability report? Do you want to easily incorporate biodiversity into your reporting? If so, then IBAT’s new report functionality is for you! The World Economic Forum has stated that “the accelerating pace of biodiversity loss is a particular concern” and is now affecting health and socioeconomic development, with

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SECR explained: Streamlined Energy & Carbon Reporting framework for UK business

What do UK businesses need to know about the government’s new streamlined energy and carbon reporting (SECR) framework? This information was updated in April 2019 The UK government’s Streamlined Energy and Carbon Reporting (SECR) policy was implemented on 1 April 2019, when the Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 came

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Accounting groups meet to discuss integrated reporting and sustainability

Top officials from the International Integrated Reporting Council, the Institute of Management Accountants and the International Federation of Accountants met in New York to discuss what steps they can take to enhance integrated reporting to provide better information on sustainability and other non-financial matters. “IMA is pleased to be a leader in transforming corporate reporting

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Majority of ASX companies now adopting Integrated Reporting principles

More than 70 percent of Australia’s largest listed companies and many large non-listed organisations are now focusing their reporting on long-term value, through using at least some of the principles of integrated reporting, a new KPMG survey of the ASX 200 shows. This is up from 48 percent a year ago and is driven, the

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The Importance of Disability in Non-Financial Reporting

The Guide “Disability in Sustainability Reporting” offers a practical solution to the challenges faced by companies interested in reporting their activities on disability. The tool, developed by Fundación ONCE and Global Reporting Initiative (GRI), with the co-funding of the European Social Fund (ESF), will make it easier to identify what activities can have an impact on the rights of people with

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United Nations Global Compact Issues New Guidance for Companies to Leverage Technology and Innovation to Advance Sustainable Development Goals

The United Nations Global Compact issued new guidance for businesses to leverage the Sustainable Development Goals (SDGs) to inspire their innovation processes and capture future market needs. Framework for Breakthrough Impact on the SDGs Through Innovation is a practical guide that helps companies identify new products, services and business models while also contributing to addressing global

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Annual Report Insights: Almost half of companies now value success factors beyond profit

More companies than ever are setting out their company purpose in their annual report, according to new analysis from Deloitte. Deloitte’s Annual Report Insights, which analyses 100 year-end reports across the FTSE, found that almost half (46%) set out values beyond making profit for shareholders, up from 32% in 2018. These companies describe their purpose as