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Why sustainability reporting needs governance perspective

Advice for making decision-useful disclosures Effective corporate sustainability reporting cannot be decision-useful unless it is discussed within the context of a company’s governance structures. The 2018 Ceres report Disclose What Matters reveals that corporate sustainability disclosures are increasingly common – but not necessarily meaningful. Eighty-six percent of S&P 500 companies last year issued a sustainability report, and

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Leading framework provider joins the Japan TCFD Consortium as a “knowledge partner”

The Japan TCFD Consortium has exchanged a Memorandum of Cooperation with the Climate Disclosure Standards Board (CDSB) as a “knowledge partner”. The Memorandum will strengthen cooperation between each organisation to enhance climate- and sustainability-related financial disclosures and provide knowledge and technical assistance to each other.  Given Japan’s strong support for the Task Force on Climate-related

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Leading independent climate change report reveals at least 85% of FTSE 100 companies do not have sufficient carbon reduction strategies

EcoAct has published its climate change business leaderboard for the UK, ranking FTSE 100 companies on sustainability performance reporting and announcing the top 20 for outstanding efforts. However, overall the report makes for sobering reading with a clear message that UK businesses are not going far enough in implementing critical steps to limit carbon emissions.

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Businesses Want Clarity and Guidance Amidst High Volume of Sustainability Reporting Standards, New Intertek Research Finds

Almost three-quarters of UK companies believe there are too many ESG reporting standards and measures, with 85 per cent calling for greater clarity, according to new research from Intertek. Sustainability has become a mainstream concern for companies, with heightened expectations from investors, regulators, government, employees and the public. 74 per cent of c-suite level respondents

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GRI Standards launched in Italian

​Global common language for sustainability reporting now in 10 translations More companies in Italy will be supported to disclose their impacts using the world’s leading sustainability reporting framework, following Italian becoming the latest translation of the GRI Standards. The three universal Standards and all 33 topic-specific Standards have been published in Italian and are now freely available

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Over a Third of the World’s 200 Largest Companies Do Not Fully Disclose Their Greenhouse Gas Emissions

Over a third of the world’s 200 largest companies do not fully disclose their greenhouse gas (GHG) emissions, according to analysis from the Temperature™ Score, a new data tool launched by Arabesque S-Ray that assesses how corporations worldwide report GHG emissions and contribute to global warming. The tool is the first of its kind that

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Major standards setters release TCFD Good Practice Handbook

The Climate Disclosure Standards Board (CDSB) and the Sustainability Accounting Standards Board (SASB) released the Task Force on Climate-related Financial Disclosures (TCFD) Good Practice Handbook. Serving as a complement to the TCFD Implementation Guide, released in May 2019, the handbook provides real-world examples of TCFD reporting to help companies better understand how they can more effectively communicate with investors about the

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Corporate Reporting Dialogue shows high level of alignment between major global reporting frameworks on TCFD recommendations

The Corporate Reporting Dialogue – an initiative bringing together the major standard setters and framework providers globally – released a report today showing high levels of alignment between the frameworks on the basis of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. As part of the Dialogue’s Better Alignment Project, CDP, the Climate Disclosure

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Experts Offer Guidance on Reporting Frameworks to Ease Reporting Pain

If you listen carefully during reporting season, you can hear the screams of sustainability and corporate responsibility (CR) practitioners as they slowly drown in the sea of proliferating reporting frameworks. From the Global Reporting Initiative (GRI) to the industry-specific guidance issued by the Sustainability Accounting Standards Board (SASB), the ESG (environmental, social and governance) reporting field—and

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Businesses need greater clarity on sustainability reporting

Sustainability is now a mainstream concern for organisations and their stakeholders, but they require clarity and guidance on sustainability reporting standards and practices. An Intertek survey of UK firms found that investors, regulators, government, employees and the wider public now expect more from organisation – something that’s recognised by 74% of c-suite executives. Additionally, 83%