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EBA launches consultation on new framework for Operational Risk Business Indicator

March 3, 2024

The European Banking Authority (EBA) has launched a public consultation on draft Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) designed to clarify the composition of the new business indicator integral to the operational risk capital requirements calculation.

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Preview available of Inaugural Jurisdictional Guide for ISSB Standard adoption

March 3, 2024

In the ongoing pursuit of globally comparable information for capital markets, the IFRS Foundation recently releases the Inaugural “Jurisdictional Guide for the adoption or other use of ISSB Standards (Preview)”.

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ISSB Standards available in Japanese and Korean

March 3, 2024

The International Sustainability Standards Board (ISSB) has published Japanese and Korean translations of the initial two IFRS Sustainability Standards (IFRS S1 and IFRS 2).

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SEC to propose new climate rule amid controversy over scope 3 emissions

March 3, 2024

The US Securities and Exchange Commission (SEC) is set to unveil its long-awaited new climate-related disclosure rule next Wednesday. The forthcoming rule, which aims to enhance and standardise climate-related disclosures, has generated significant attention and debate, particularly regarding the inclusion of Scope 3 emissions.

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New certification for XBRL report review and consumption software

March 3, 2024

We are very happy to announce that the Corpratings has joined the ranks of certified XBRL software creators, with two newly certified report review and consumption products – PRISM and LENS.

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Navigating sustainability reporting: insights from BASF

March 3, 2024

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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Unlocking the potential of ESG disclosures in India: A must-read analysis

February 26, 2024

In an era in which sustainability is not just a choice but becoming a statutory obligation in much of the world, understanding the landscape is crucial for stakeholders throughout the business data ecosystem.

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Country and Currency code taxonomies confirmed as Proposed Recommendations

February 26, 2024

We are pleased to announce that the XBRL International Standards Board (XSB) has elevated the new Country Code and Currency Code taxonomies to Proposed Recommendation status. These taxonomies furnish lists of ISO codes for countries and currencies, simplifying the incorporation of standard codes in XBRL reports, as mandated in various regulatory filings.

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Unveiling municipal finance’s next chapter

February 23, 2024

Mark Funkhouser, former Mayor of Kansas City, Missouri, and a prominent figure in municipal finance, recently released a white paper titled “FDTA Playbook: Owning your fiscal future.” Sponsored by XBRL US member, DebtBook, this publication comes at an important juncture for government entities grappling with the implications of the Financial Data Transparency Act (FDTA).

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China’s stock exchanges mandate ESG Reporting: what you need to know

February 23, 2024

China’s major stock markets, including the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and the smaller SME-oriented Beijing Stock Exchange (BJSE), have recently unveiled new sustainability reporting guidelines for listed companies.

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