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GHG accounting: Getting the numbers right for reporting and disclosure

As more organizations commit to decarbonizing their business through pledge platforms such as net-zero initiatives, the Climate Group’s RE100 program or science-based targets, the scrutiny of progress towards these goals is also increasing. These public commitments combined with increasing pressure from investors are intensifying the demand for financial-grade GHG accounting to underpin sustainability reporting and disclosure. To facilitate accurate

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IFRS Foundation considers proposing sustainability standards board

The IFRS Foundation Trustees have agreed to conduct further analysis as they consider whether to establish a new board that would issue global standards for sustainability accounting and reporting. After meeting Monday, the trustees announced Tuesday that they intend to produce a definitive proposal on the formation of a new board by the end of September, with

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New Climate Accounting Capability Platform Launched to Help Companies Measure Greenhouse Gas Emissions

KPMG announced a patent-pending blockchain-based capability, which is intended to help organizations more accurately measure, mitigate, report, and offset their greenhouse gas emissions. Termed “Climate Accounting Infrastructure (CAI),” the platform will help organizations secure transparent and reliable reporting of emissions data. In 2020, organizations globally are expected to report sustainability practices and results to meet environmental, social, and corporate

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The Financial Reporting Implications of COVID-19

The COVID-19 pandemic crisis and its economic effects mean that investors and other stakeholders need high-quality financial information more than ever. To this end, accountancy firms, regulators, IFAC member organizations and others have quickly made available advice and guidance on the accounting and financial reporting requirements that will need to be considered in addressing the