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Helping sectors increase accountability and transparency

The first GRI Sector Standard will focus on oil, gas and coal. GRI is inviting nominations to join an expert working group to produce the first GRI Sector Standard, for oil, gas and coal. Sector Standards will help companies in a specific sector to define their economic, environmental, and social impacts, enabling improved transparency and accountability

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IASB does not plan standards on sustainability reporting

Hans Hoogervorst, chair of the International Accounting Standards Board (IASB), has indicated the board intends to play a role in developing climate-change related financial reporting, but will not move in to standard setting in this area, reports Pat Sweet He cautioned against exaggerated expectations for sustainability reporting as a catalyst for change in the absence

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Increasing sustainability reporting in Sri Lanka and Bangladesh

More than 500 businesses in Sri Lanka and Bangladesh are being supported to report on their sustainability impacts following the launch of new guidance.​ GRI has provided technical input to guides produced by the Dhaka Stock Exchange (DSE) and the Colombo Stock Exchange (CSE), which they will share with all their listed companies, providing recommendations

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Is sustainability a major concern for U.S. companies, or is China moving to the fore?

Many Americans believe that the United States is the forerunner of sustainability and environmental initiatives. However, the United States may be falling behind when compared to other emerging multinationals in China and beyond. There are many corporate sustainability initiatives that encourage responsible business practices that include social, environmental, and ethical issues. The United Nations Global

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Is Corporate Social Responsibility Reporting Just a Potemkin Village?

The growth of ESG investing is now in the trillions, but a standardized — and accurate — measurement of how companies live up to social responsibility remains elusive. As more asset managers begin to integrate environmental, social, and governance criteria into their investment strategies, the need for data and disclosures not typically found in traditional

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Sustainability reporting – it is time to reflect Monthly Briefing, March 2019

Sustainability reporting is mainstream. Its growth across Europe, the Americas, Asia and the rest of the world has been marked. Yet it is still seen by some as an exercise in compliance and a cost rather than an opportunity. Others see value in the exercise, but remain unconvinced that current practice is realising its full

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Reporting smarter, not harder: embracing digital

Guest contributor Jonny McCaig, Global Reporting Director at Unilever shares why its time to embrace a more dynamic version of reporting. As we put the finishing touches to our latest Sustainable Living Report (released in early April), it’s a good time to reflect on the bigger picture – the current and possible future state of

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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