The International Financial Reporting Standards (IFRS) Foundation is taking over monitoring companies’ progress in climate-related disclosures.
Further progress on transparency in sustainability reporting this week as Switzerland adopted an ordinance requiring mandatory, machine-readable climate disclosures based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
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.
As our regular readers will be acutely aware, this year has seen public consultations on three major sustainability reporting frameworks – all based on one important foundation.
The Value Reporting Foundation (VRF) has submitted an early response to the US Securities and Exchange Commission (SEC) consultation on mandatory, digital climate-related disclosures.
The US National Association of Insurance Commissioners (NAIC) has announced a new framework requiring insurance companies to report their climate-related risks, in alignment with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).
The Canadian government is the latest to announce mandatory climate reporting requirements.
We are interested to note a new directive on climate reporting from State Street Global Advisors (SSGA), which is the world’s fourth largest asset manager.
The Task Force on Climate-related Financial Disclosures (TCFD) has published its 2021 Status Report. It finds that disclosure in line with the TCFD’s recommendations has accelerated significantly, growing by 9% in 2019–20.
The Swiss government, the Federal Council, has recently set a timeline and other parameters for mandatory climate disclosures by large companies.
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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.
