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Top 5 Reasons Why Sustainability Reporting is Relevant to Every Business

A company’s ability to positively impact social and environmental change has become an increasingly relevant consideration for businesses. Environmental, social and governance (ESG) factors cover a broad range of issues that touch on everything from company culture and employee compensation to climate impact and sourcing standards. While traditionally absent from financial reporting, larger companies recognize

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Two Steps Forward Wall Street, ESG and the Wild West

The world of environmental, social and governance, or ESG, reporting in corporate circles and among mainstream investors seems to be growing by leaps and bounds. Each week brings new reports, tools and other developments in the field. Case in point: Last week, Walmart released its first Environmental Social & Governance Report, which seems to be the

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What investors actually want from sustainability data

To account for the effects of a world in flux, more investors are pursuing strategies that consider relevant environmental, social and governance (ESG) factors, an approach known broadly as sustainable investing. In 2017 alone, assets managed through such an approach increased by 37 percent, according to Bloomberg. Despite the swell in interest, sustainable investing is by

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Innovative tools now available to strengthen management and disclosure of ESG information

For many businesses, managing multiple disclosure demands and increasing stakeholder pressure for disclosing environmental, social and governance (ESG) information is an ongoing challenge. The World Business Council for Sustainable Development (WBCSD) released the ESG Disclosure Handbook and Indicator Library to help companies address the issue. Both the handbook and the library provide practical resources for addressing

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SEC official cautions on new ESG disclosure rules

Prefers to let market determine reporting on evolving risks US companies appear unlikely to face additional ESG-related reporting requirements in the near future, despite calls from major investors for new rules. William Hinman, director of the SEC’s division of corporation finance, recently expressed caution about mandating specific disclosures in the ESG field, expressing a preference

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CSE and GRI to host a forum on Sustainability Reporting for Sustainable Development

The Colombo Stock Exchange (CSE) and the Global Reporting Initiative (GRI) will be hosting a forum on providing guidance to listed companies on ESG disclosures. The theme of the Forum is ‘Sustainability Reporting for Sustainable Development’. This high-level engagement will be exclusive to companies listed on the CSE and will be held on 28th March 2019,

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NSE, GRI host sustainability reporting workshop

The Nigerian Stock Exchange (“the Exchange” or “NSE”) in partnership with the Global Reporting Initiative (GRI), held a half-day workshop on sustainability reporting where the NSE Sustainability Disclosure Guidelines was unveiled, on Tuesday, March 19, 2019, at the Exchange House in Lagos. The workshop brought together C-level executives, Corporate Social Responsibility and Sustainability experts, non-governmental

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Moody’s: EU disclosure rules could benefit asset manager ESG leaders

Asset managers that have already established sustainable investment products and reporting could benefit from new EU disclosure rules, according to Moody’s. Earlier this month the European Parliament and EU member states agreed on one of the main pillars of the European Commission’s sustainable finance action plan, the so-called disclosure regulation for institutional investors. Moody’s said asset managers

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Sustainability Reporting – 20 Years on and More Relevant Than Ever

As Global Reporting Initiative marks two decades since launching its first draft sustainability reporting guidelines, the organization has highlighted the significance of a growing demand for environmental, social and governance (ESG) data. Twenty years ago, only a handful of businesses disclosed their environmental performance. Today, 93% of the world’s largest companies by revenue report information

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The EY Research shows that environmental, social and governance (ESG) information and nonfinancial reporting play important role in investors’ decision-making

EY Global Climate Change and Sustainability Services team has issued the 4th research into investors’ attitudes towards environmental, social and governance (ESG) information and nonfinancial reporting and its role in their decision-making. This year’s study reveals a notable consensus on the importance of ESG or nonfinancial information in investor decision-making. 97% of the 220 institutional