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Items tagged with "Sustainability"

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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Key takeaways from the IFRS Sustainability Symposium

Last month the IFRS Foundation hosted the IFRS Sustainability Symposium in Montreal, outlining what’s next for sustainability reporting and the International Sustainability Standards Board (ISSB).

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ESG disclosure momentum builds, despite remaining inconsistencies

A new report from the International Federation of Accountants (IFAC) and the Association of International Certified Professional Accountants (AICPA & CIMA) finds that the largest global companies show momentum on sustainability reporting. However, barriers remain surrounding the provision of comparable, useful, high-quality information to investors.

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ISSB standards move to final drafting stage

Last week The International Sustainability Standards Board (ISSB) voted on the technical substance of its sustainability standards. With the content of the standards fully agreed, the ISSB can now move onto the final stage in preparation: drafting. A January 2024 implementation date for Sustainability Disclosure Standards S1 and S2 was also agreed during the meeting.

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Support for XBRL in UK sustainability investment disclosures and labels

Innovate Finance recently shared a useful comment response to the UK Financial Conduct Authority (FCA) consultation paper Sustainability Disclosure Requirements and investment labels.

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ECB publishes new statistical indicators to narrow climate data gap

The European Central Bank (ECB) has published a set of initial, experimental climate-related statistical indicators to help analyse climate-related risk.

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