Sustainability reporting is at a crossroads. Countries around the world are adopting sustainability and climate reporting standards, but most of that information is trapped in PDFs. That means slower, more expensive analysis, and a missed opportunity to harness the full power of growing volumes of sustainability data.
Last week, the Bangladesh Securities and Exchange Commission (BSEC) brought together regulators, auditors, exchanges and company leaders to chart the path towards digital financial reporting with Inline XBRL (iXBRL).
Europe’s biggest banks are now speaking XBRL when it comes to Pillar 3 disclosures. If you’re listed on a regulated market in the EEA, your prudential data is no longer a PDF that gathers dust.