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Annual Report Insights: Almost half of companies now value success factors beyond profit

More companies than ever are setting out their company purpose in their annual report, according to new analysis from Deloitte. Deloitte’s Annual Report Insights, which analyses 100 year-end reports across the FTSE, found that almost half (46%) set out values beyond making profit for shareholders, up from 32% in 2018. These companies describe their purpose as

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GRI, IRF and SASB: Updated guidance on reporting frameworks

For those tasked with communicating their organization’s sustainability information, these are challenging times. What to communicate and to whom, and which tools to use, always have been pain points. Add to that the recent increases in the types and volume of data; the number of reporting frameworks, standards and recommendations to handle it; and the

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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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ESG reporting and benchmarking in the Infrastructure sector moves into the mainstream

GRESB, the environmental, social and governance (ESG) benchmark for real assets, has released the results for the 2019 GRESB Infrastructure Assessment.    Participation has increased again in 2019 as the sector responds to the growing investor demand for standardized and validated ESG data to assess the sustainability of their infrastructure funds and assets.   The Infrastructure

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CSA publishes guidance for public companies on reporting climate risks

The Canadian Securities Administrators is releasing guidance for public companies on reporting the material risks that climate change poses to their businesses. The guidance aims to help public companies meet regulatory requirements and “inform investors about the sustainability of their business model and to provide insights into how they are mitigating and adapting to these risks,” the

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70% of companies fail to disclose impact on world’s forests

A large majority of major corporations are failing to be transparent about their impacts on global deforestation and many are taking inadequate steps to tackle it, according to a new report released yesterday by environmental non-profit CDP. Over 1,500 companies deemed to have a significant impact on deforestation or to be susceptible to deforestation risk

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Major players across chemical and electric utility sectors share TCFD implementation experience

Today, through collaboration with the World Business Council for Sustainable Development (WBCSD), eleven leading companies across chemical and electric utility sectors provide an in-depth look at climate-related financial disclosure in two landmark reports. As part of the Task Force on Climate-related Financial Disclosures (TCFD) Preparer Forums for Chemicals and for Electric Utilities, AkzoNobel, BASF, DSM,

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GRI Chief Executive testifies to US House Committee on strengthening ESG legislation

GRI’s Chief Executive, Tim Mohin, testified on Wednesday 10 July 2019 before the US House Committee on Financial Services, which is considering new corporate reporting requirements for Environmental, Social and Governance (ESG) information. Addressing members of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets at a hearing in Washington, DC, Tim Mohin set out

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New research finds highest-emitting companies off-track to meet Paris climate goals, and puts investors on “emergency footing”

A major new report assessing the climate performance of 274 of the world’s highest-emitting publicly-listed companies finds that almost half (46%) do not adequately consider climate risk in operational decision-making. A quarter (25%) do not report their own emissions at all, undermining a key recommendation of the Taskforce for Climate-related Financial Disclosure (TCFD). The report

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Crafting and Reporting Decision-Useful ESG Communications

As ESG initiatives and decision-useful reporting continue to gain importance, many C-suite and boards of directors are truly starting to pay attention. Every issuer is on its own ESG journey, regardless of whether the firm is disclosing ESG and sustainability reports today. As ESG initiatives and decision-useful reporting continue to gain importance, many C-suite and