Take a Volkswagen ID.4. Lovely car. Very sustainable. Now drive it to the moon and back. Nineteen times. You will need snacks. And… oxygen. You’ll also need roughly 2.7 million kWh of electricity, which, by a coincidence that borders on the poetic, is about how much AI energy just two jurisdictions will waste every reporting […]
Nepal has become the latest jurisdiction to join the growing global movement for ISSB-aligned sustainability reporting, with the Accounting Standards Board (ASB) of Nepal publishing exposure drafts for two new standards: NFRS S1, covering general requirements for the disclosure of sustainability-related financial information, and NFRS S2, covering climate-related disclosures.
The world of GHG accounting has long been characterised by a frustrating abundance of frameworks. While they are compatible in intent, they differ enough to make comparison challenging and expensive. A collaboration to alter that is gathering pace.
The Swiss Federal Council has issued proposals for new sustainability reporting and due diligence requirements, closely aligned with the EU’s Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
The European Financial Reporting Advisory Group (EFRAG) has reported limited interest in a European wide financial Reporting Standard for SMEs, following outreach on a proposed template aimed at SMEs and start-ups.
ESMA has published a fresh overview of how national competent authorities across the EU are lining up behind its Guidelines on Enforcement of Sustainability Information (GLESI), the framework first issued in July 2024 to bring consistency to the supervision of corporate sustainability disclosures.
The International Sustainability Standards Board (ISSB) has published an Exposure Draft proposing amendments to the remaining three of twelve SASB Standards it had identified as initial priorities for enhancement: Agricultural Products; Meat, Poultry & Dairy; and Electric Utilities & Power Generators.
The Boursa Kuwait has issued an updated ESG Disclosure Guide, sharpening expectations for listed companies during the country’s push towards more transparent, decision-useful sustainability reporting.
New Zealand has taken a further step in strengthening trust in sustainability reporting, with the New Zealand Auditing and Assurance Standards Board adopting its local equivalent of ISSA 5000.
When regulators start designing new reporting regimes, there’s always a crucial question: will the data be digital and usable, or trapped in PDFs?
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