The Task Force on Climate-related Financial Disclosures (TCFD) has published its 2022 Status Report, marking five years since it published its final recommendations in 2017.
The IFRS Foundation has published comment letters received on the draft IFRS Sustainability Disclosure Taxonomy. We anticipate very significant uptake of the taxonomy around the world, and it is crucial to ensure these digital disclosures are suitable for global consumption.
The Danish Institute for Human Rights has published a notable discussion paper on sustainability reporting and human rights.
XBRL US has written to the Environmental Protection Agency (EPA) in response to a request for feedback on reporting of greenhouse gas emissions.
“The target for many of you is to achieve superior risk adjusted returns. For this you need reliable data and decision-making tools that allow you to incorporate emerging risks and opportunities into your portfolio allocation and risk management early on,” says Klaas Knot, Chair of the Financial Stability Board (FSB), in recent remarks to institutional investors.
“How can companies prepare for something before knowing what it is?” That’s the question addressed in a new post by Workiva’s Andromeda Wood, who is also a member of XBRL International’s Best Practices Board, as she considers how to prepare for as-yet unfinished environmental, social and governance (ESG) reporting requirements.
UN Principles for Responsible Investment (PRI) has published a review and perspective on the current evolution of corporate sustainability reporting in the EU, and how it can best serve investors.
The European Financial Reporting Advisory Group (EFRAG) has published a Call for Tenders seeking specialists to develop an XBRL taxonomy for the first set of European Sustainability Reporting Standards (ESRSs), being introduced under the Corporate Sustainability Reporting Directive (CSRD).
Earlier this month, the International Sustainability Standards Board (ISSB) ran two live webinars on the IFRS Sustainability Disclosure Taxonomy and its current request for feedback.
“The world is grappling with dramatic shifts in climate change, environmental, social, and geopolitical events. In a world of rapid digital transformation, how do companies, investors, regulators, standard setters, and ordinary citizens respond to these shifts?” asks Christine Tan in a recent guest post at ESG Today.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
