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Sustainability reporting and audit vary widely, says study

A new benchmarking study on global sustainability reporting and assurance practices highlights significant differences between jurisdictions. These extend to the reporting frameworks and methods used as well as the prevalence and level of assurance and the type of practitioner providing the service.

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EFRAG consults on due process for sustainability standards work

The European Financial Reporting Advisory Group (EFRAG) is seeking input on its public consultation paper on ‘Due Process Procedures for EU Sustainability Reporting Standard-Setting,’ with comments due by 15 September 2021.

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IMF calls for stronger sustainability standards

A recent post from the International Monetary Fund (IMF), on ‘How strengthening standards for data and disclosure can make for a greener future,’ lends its support to harmonised and consistent climate disclosures.

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No time to waste! EFRAG gets go-ahead to get ahead on sustainability standards

The European Commission has written to the European Financial Reporting Advisory Group (EFRAG) inviting it to start work on drafting sustainability reporting standards, in parallel with the development of the proposed Corporate Sustainability Reporting Directive (CSRD).

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Mohini Singh on the need for global sustainability standards

In another great opinion piece from our Board, Mohini Singh, ACA, Director of Financial Reporting Policy at CFA Institute and Treasurer of the XBRL International Board of Directors, writes in Reporting Times on ‘The need for high-quality, globally comparable international sustainability standards.’

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Event

Webinar: Creating value and managing impact through integrated sustainability disclosure

2nd June, 2021

2 June 2021 Webinar from ACCA, IIRC and SASB as part of EU Green Week 2021, covering latest developments and best practice examples. Read more and register here.

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Event

Webinar: Good reporting practices on sustainability-related risks, opportunities and linkage to business model 

25th May, 2021

25 May 2021 Webinar from EFRAG sharing research findings. Read more and register here.

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Building blocks are key: IOSCO and IFAC support for sustainability standards

Jean-Paul Servais, Vice Chair of the International Organization of Securities Commissions (IOSCO) and Chair of the International Financial Reporting Standards (IFRS) Foundation Monitoring Board, recently explored why IOSCO believes in the IFRS Foundation Trustees’ sustainability initiative and how IOSCO will support it.

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EU plans for sustainability reporting

An EU High Level Conference held yesterday on the proposed Corporate Sustainability Reporting Directive (CSRD) brought together a number of high level speakers to discuss the new reporting proposals announced two weeks ago.

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Workiva on Inline XBRL and breaking down walls between finance and sustainability

We’re still finding a lot to be excited about in the EU’s new Corporate Sustainability Reporting Directive (CSRD) and the introduction of Inline XBRL in mandatory sustainability reporting – our colleagues at Workiva, an XBRL International Sustaining Partner, agree.

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