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Celebrating 20 years of XBRL Spain: from financial reports to sustainability

XBRL Spain is commemorating two decades of impactful work with a special event on 22 April in Madrid.

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ISSB Chair engages with African leaders to promote sustainability standards

Emmanuel Faber, Chair of the International Sustainability Standards Board (ISSB), alongside ISSB Member Ndidi Nnoli-Edozien, recently held discussions with prominent leaders and stakeholders in Kenya, Nigeria, and South Africa.

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FRC launches market study on UK sustainability assurance market

The Financial Reporting Council (FRC) has launched a survey of the UK market for sustainability assurance services. This initial study aims to ensure the efficient functioning of the rapidly expanding market and to enhance the quality of assurance provided over companies’ sustainability reporting.

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EFRAG, KSSB, and FSC representatives meet to discuss sustainability reporting standards

Amid global moves to adopt sustainability reporting standards, EFRAG recently welcomed delegates from the Korea Sustainability Standards Board (KSSB) and the Korean Financial Services Commission (FSC) in Brussels to discuss developments in sustainability reporting.

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Canada Proposes IFRS-Based Sustainability Reporting Standards

The Canadian Sustainability Standards Board (CSSB) has unveiled proposed standards aligned with the International Financial Reporting Standards (IFRS) Foundation’s International Sustainability Standards Board (ISSB).

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Hong Kong advances sustainability disclosure standards development

Following a Hong Kong government announcement in October 2023, Hong Kong is taking strides to implement sustainability standards in line with those released by the International Sustainability Standards Board (ISSB).

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Navigating sustainability reporting: insights from BASF

In a recent interview with BASF, a leading chemical company in Europe, CDP explores the intricacies of preparing for the upcoming European Sustainability Reporting Standards (ESRS) and the associated challenges and opportunities for entities and stakeholders.

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EBA seeks industry input on sustainability exposure classifications

The European Banking Authority (EBA) has launched an industry survey, inviting credit institutions to contribute insights into their methodologies for classifying exposures to environmental, social, and governance (ESG) risks.

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New units and datatypes to support sustainability reporting

The XSB has approved additions to the XBRL Unit Registry to support sustainability reporting requirements. The new “intensity” units enable the reporting of measures such as “green house gas emissions per unit of revenue”.

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EFRAG initiates public consultation on sustainability reporting standards for SMEs

The European Financial Reporting Advisory Group (EFRAG) has launched a public consultation on two Exposure Drafts concerning sustainability reporting standards for Listed SMEs. Before you ask, “What’s a Listed SME?”, well… it’s complicated.

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