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Survey of sustainability reporting at tech companies

The Survey of Sustainability Reporting at Technology Companies reveals that much progress has been made in sustainability reporting and assurance. The survey offers insights for technology company leaders, boards, and sustainability professionals. Its aim is to support those who have a responsibility for assessing and preparing their own organization’s sustainability reporting. The survey also serves

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Delivering the GRI Standards in your language

Two significant changes to the world’s most widely used sustainability reporting standards mean that GRI is looking for peer reviewers to assist with the translation process into seven languages. Later this year, a major update to the Universal Standards will publish – the foundation for all reporting through GRI – as well as a first Sector Standard for

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SEC Commissioner Questions Value of Global ESG Standards

As accounting and sustainability standards and regulatory bodies begin work towards establishing a common set of ESG disclosure standards for company reporting, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has suggested taking a step back to consider the value and implications of these initiatives. In a public statement on the SEC website, Peirce

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Sustainability as a competitive advantage: lessons from Peru

Best Practices in Sustainability by Peruvian MSMEs features 33 case studies of businesses that have used sustainability as a competitive advantage. Ranging from improved waste management to savings in energy consumption, the examples share opportunities for MSMEs to incorporate sustainability practices into their core business strategy. Recognizing the crucial role of micro, small, and medium-sized enterprises

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New Zealand introduces climate change law for financial firms in world first

The new law will require banks, insurers and investment managers to report the climate impacts of their businesses and explain how they will manage risks. New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister

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New Guidance on ESG disclosure in leveraged finance transactions: a step toward improved consistency

On January 19, 2021, together with the Principles for Responsible Investment (PRI), the European Leveraged Finance Association (ELFA) and the London-based Loan Market Association (LMA) jointly published a Guide for Company Advisers on ESG Disclosure in Leveraged Finance Transactions (Guide). As sustainable investing continues to gain traction, environmental, social and governance (ESG) considerations are being given increasing

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AFME calls for more consistent ESG Reporting Requirements to help deliver Europe’s Sustainable Finance ambitions

The Association for Financial Markets in Europe (AFME) has launched today (14th) a report highlighting the need for financial institutions to have access to consistent non-financial reporting from corporates to be able to support the transition to a low-carbon economy. The European ESG Disclosure Landscape for Banks and Capital Markets report, written in partnership with Latham &

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S&P Global Launches Data Solution to Help Investors with SFDR Disclosure Requirements

Leading credit ratings, benchmarks and analytics provider S&P Global announced today the launch of the SFDR Data Solution, aiming to help investors meet disclosure requirements under the European Unions’ new Sustainable Finance Disclosure Regulation (SFDR). The EU SFDR, which went into effect in March, forms part of the EU’s Action Plan on financing sustainable growth.

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What is the sustainable finance disclosure regulation?

The European Union’s (EU’s) Sustainable Finance Disclosure Regulation (SFDR) came into effect on March 10, marking a major milestone in the bloc’s efforts to ensure financial firms such as fund managers, insurers and banks that provide financial products and services within the region are comprehensively disclosing just how committed to sustainability they truly are. The

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SASB Publishes Updated Climate Risk Technical Bulletin

The Sustainability Accounting Standards Board (SASB) today published an updated Climate Risk Technical Bulletin, which shows how climate risks and opportunities manifest in unique ways across 77 industries and recommends industry-specific standards companies can use to measure, manage, and communicate those factors . “There’s overwhelming consensus that climate change is a business risk and capital