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Items tagged with "ESG"

Alignment progressing as CDP adopts ISSB Standard

During a busy week at COP27 the International Sustainability Standards Board (ISSB) and CDP (formerly the Carbon Disclosure Project) announced that CDP will incorporate the ISSB’s Climate-related Disclosures Standard (IFRS S2) into its global environmental disclosure questionnaires.

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Next steps for Open Data Public Utility for Climate Data

In another step forward for sustainability reporting at COP27, the Climate Data Steering Committee (CDSC) announced their final recommendations for the Net-Zero Data Public Utility (NZDPU or Utility). The accompanying white paper lays out the key challenges ahead and highlights the foundational data that will be required for a successful launch.

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Comprehensive EU Sustainability Disclosure Laws Finalised

Four years since the process to replace the Non-Financial Reporting Directive (NFRD) began, last week the Council of the European Union and the European Parliament voted by a landslide (525 votes in favour) to adopt the Corporate Sustainability Reporting Directive (CSRD) into EU law.

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ISSB announces support for emerging economies to use sustainability standards

Emmanuel Faber, Chair of the International Sustainability Standards Board (ISSB), took to the COP27 stage last week to unveil the ISSB Partnership Framework, designed to boost the ability of smaller entities and emerging economy stakeholders to use the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards.

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ESMA adds ESG to key priorities

The European Securities and Markets Authority (ESMA) has modified its Union Strategic Supervisory Priorities (USSPs) to include environmental, social and governance (ESG) disclosures alongside market data quality.

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Digitising the EU’s green taxonomy – a proof of concept

Europe is requiring companies to report on alignment of their activities with the EU Taxonomy, providing sustainability information to investors. CoreFiling and Greenomy demonstrate how these rules can be captured in digital form, in an XBRL taxonomy and report.

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ISSB confirms Scope 3 emissions and other aspects of sustainability disclosures

The International Sustainability Standards Board (ISSB) made a number of key decisions at its October meeting, confirming and clarifying aspects of its proposed sustainability-related disclosure standards.

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FSB weighs in on climate reporting; G20 encourages consistency

The Financial Stability Board (FSB) has published a final report on supervisory and regulatory approaches to climate-related risks.

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Standardisation as the key to effective ESG reporting

Businesses need to step up on climate-change reporting, argues Workiva CEO Marty Vanderploeg in a recent LinkedIn post on ‘Avoiding a Climate-Related Financial Crisis.’

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XBRL reporting coming soon to Pakistan?

We were delighted to read recent remarks by Mr Aamir Khan, Chairman of the Securities & Exchange Commission of Pakistan (SECP).

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