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The 7 rules of sustainability reporting for miners

It’s fair to say mining companies have a tough job on their hands at the moment as they seek to build trust with their stakeholders. Investor confidence in the sector has ebbed following the Brumadinho disaster. Demands from host governments and communities for operators to demonstrate shared value are growing, and there is a rising

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PSE wants listed companies to submit sustainability reports

THE Philippine Stock Exchange, Inc. (PSE) wants listed companies to submit sustainability reports as part of disclosure requirements. “We have to have a simplified implementation of the circular of the Securities and Exchange Commission (SEC) on sustainability reporting. It’s still optional. So we want to encourage more companies to make it part of the disclosure

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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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RMI and GRI Launch Responsible Mineral Reporting Toolkit

The Responsible Minerals Initiative (RMI), an Initiative of the Responsible Business Alliance, and the Global Reporting Initiative (GRI), have launched a toolkit to advance reporting on sourcing minerals from conflict-affected and high-risk areas. The resource helps companies report on their commitments, due diligence processes and actions related to social impacts in the supply chain. It

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Reporting matters 2019: regulators and standard setters urged to simplify and align the corporate reporting landscape

The World Business Council for Sustainable Development (WBCSD) calls on regulators and standard setters to simplify and align the corporate reporting landscape in the seventh edition of Reporting matters – WBCSD’s annual review of member companies’ sustainability and integrated reports in partnership with Radley Yeldar (RY). Spanning 159 leading companies from 19 supersectors and 34 countries, this year’s

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Sustainability assurance’s link to reporting quality

The number of companies across the world who issue some form of sustainability report continues to increase. However, even as organizations place more emphasis on improving reporting quality related to the environmental and social impact of their business activities, little is known about whether assurance for these reports improves the quality, and whether accounting firm

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Why sustainability reporting needs governance perspective

Advice for making decision-useful disclosures Effective corporate sustainability reporting cannot be decision-useful unless it is discussed within the context of a company’s governance structures. The 2018 Ceres report Disclose What Matters reveals that corporate sustainability disclosures are increasingly common – but not necessarily meaningful. Eighty-six percent of S&P 500 companies last year issued a sustainability report, and

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Leading framework provider joins the Japan TCFD Consortium as a “knowledge partner”

The Japan TCFD Consortium has exchanged a Memorandum of Cooperation with the Climate Disclosure Standards Board (CDSB) as a “knowledge partner”. The Memorandum will strengthen cooperation between each organisation to enhance climate- and sustainability-related financial disclosures and provide knowledge and technical assistance to each other.  Given Japan’s strong support for the Task Force on Climate-related

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Leading independent climate change report reveals at least 85% of FTSE 100 companies do not have sufficient carbon reduction strategies

EcoAct has published its climate change business leaderboard for the UK, ranking FTSE 100 companies on sustainability performance reporting and announcing the top 20 for outstanding efforts. However, overall the report makes for sobering reading with a clear message that UK businesses are not going far enough in implementing critical steps to limit carbon emissions.

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Businesses Want Clarity and Guidance Amidst High Volume of Sustainability Reporting Standards, New Intertek Research Finds

Almost three-quarters of UK companies believe there are too many ESG reporting standards and measures, with 85 per cent calling for greater clarity, according to new research from Intertek. Sustainability has become a mainstream concern for companies, with heightened expectations from investors, regulators, government, employees and the public. 74 per cent of c-suite level respondents