Items tagged with "Sustainability"

ISSB finalises global sustainability disclosure standards in major milestone

As you may well have heard, the International Sustainability Standards Board (ISSB) has published the final version of its first-ever standards, IFRS S1 and IFRS S2, marking a significant milestone in sustainability-related disclosures across global capital markets.

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World Economic Forum and ISSB collaborate to share early sustainability reporting insights

The World Economic Forum (WEF) and the International Sustainability Standards Board (ISSB) have joined forces to establish the Forum ISSB Preparers Group. Comprised of experienced sustainability reporting professionals, the group plans to provide practical examples and best practices for adopting ISSB standards.

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New roadmap for greenhouse gas reporting

The International Federation of Accountants (IFAC) and the We Mean Business Coalition (WMBC), in collaboration with Accounting for Sustainability (A4S), Global Accounting Alliance (GAA), and World Business Council for Sustainable Development (WBCSD), recently released a guide to help accountants navigate the world of greenhouse gas (GHG) reporting.

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94% of companies committed to complying with CSRD

ESG reporting is rapidly becoming the “new gold standard” of disclosure practices, with 94% of European and UK public companies intending to comply with the Corporate Sustainable Reporting Directive (CSRD), according to a survey of over 500 finance leaders by Workiva.

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ISSB seeks feedback to enhance international applicability of SASB Standards

The International Sustainability Standards Board (ISSB) is calling for comments on its proposed methodology to enhance the international applicability of the Sustainability Accounting Standards Board (SASB) Standards. The consultation period is now open and will remain open for comments, preferably by online survey, until 9 August 2023.

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Retailers lag behind in environmental disclosures compared to energy companies

A report by Sustainable Fitch highlights the difficulties that retailers face due to their complex logistics and supply chains, which make it harder for them to report their environmental impact accurately.

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Nature risks disclosure framework introduces streamlined metrics

While there has been a lot of focus on climate relate disclosures in recent years, the past year saw some significant import placed on biodiversity and nature in the wider sustainability realm.

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IOSCO to advance on sustainable disclosures

The International Organization of Securities Commissions (IOSCO) has published its Work Program for 2023-2024, which includes a focus on sustainability disclosures.

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IASB launches climate-related risk project

The International Accounting Standards Board (IASB) has started a new project exploring how climate-related risk can be better outlined in financial statements.

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ECB publishes first climate-related disclosures

This week the European Central Bank (ECB) led by example in publishing its own climate-related financial disclosures, demonstrating that its portfolios are on a path towards decarbonisation.

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