Elaborating a better sustainability report that is in line with the GRI Standards can be a challenging exercise. Particularly the balance between a wider sustainability narrative and the hard-and-fast Standards can be difficult to maintain. And, because each company or organization has different approaches to collecting, systematizing and presenting data, report preparers may want more
Reporting on the SDGs, alignment between reporting standards, and the Task Force on Climate Climate Related Financial Disclosure were big topics during two days of high-level discussion 1. Despite this month’s sobering report from the UN Intergovernmental Panel on Climate Change (IPCC), which warned that the planet is on target to warm 1.50C above pre-industrial levels
Through the engagement of CSR Europe members, a tailor-made working group on Non-Financial reporting has been set up to match specific needs and questions. The event will take place on 20 November 2018. To support companies in the integration of sustainability and to better use reporting as management tool, CSR Europe has set up two working
The World Federation of Exchanges has recently published a revised sustainability reporting guidance for their member exchanges. The WFE ESG Guidance and Metrics is fully aligned with the GRI Sustainability Reporting Standards, and the guidelines have now been mapped against the standards in an easy-to-use linkage document. This is good news for the thousands of companies already
AccountAbility is pleased to release a practical guidance document highlighting the key changes in the AA1000 AccountAbility Principles (AA1000AP, 2018), as well as an overview of alignment with commonly used sustainability-related reporting standards and frameworks. The document serves to support both organisational users and assurance providers in effectively working with the AA1000AP (2018). Improvements to
The Institute of Public Auditors in Germany (Institut der Wirtschaftsprüfer in Deutschland) has released a position paper on the future on corporate reporting, (only available in German). IDW’s Matthias Schmidt shares some insights into their thoughts on the future of reporting. Financial statements alone do not sufficiently display companies’ market value: The book value of SAP is
In a recent online webinar, four panellists led the discussion on how companies can best report against the Social Development Goals. Here are eight morsels to offer food for thought The Sustainable Development Goals (SDGs) have created a universal framework for the private and public sector along with civil society to work towards a common
The International Integrated Reporting Council (IIRC) is today launching a new <IR> Academic Database, bringing together over 200 academic studies highlighting the potential positive ramifications of adopting integrated reporting, as well as commenting on emerging best practice. Research included in the database concludes that integrated reporting leads to increased stock liquidity, better performance, higher market valuation
A “Practical Guide” to enable companies to better measure and report on their impact on the Sustainable Development Goals (SDGs) was released today by the Global Reporting Initiative (GRI) and the United Nations Global Compact. The new publication, Integrating the SDGs into Corporate Reporting: A Practical Guide, helps companies of all sizes to prioritize SDG
Wendy McGuinness, Chief Executive of the New Zealand-based think tank McGuinness Institute, recently visited the IIRC offices in London. She brought with her a number of publications from the Institute’s Project ReportingNZ, which looks at Extended External Reporting (EER): The term EER is used to encompass disclosures above and beyond what a company is required
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