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XBRL Spain celebrates 20 years: from financial reporting to sustainability

XBRL Spain recently marked its 20th anniversary with a celebration in Madrid. Founded in 2004, XBRL Spain represents significant regulators and supervisors such as the Bank of Spain, CNMV, ICAC, Mercantile Registry, and the General Directorate of Heritage, as well as many private entities in the technology sector.

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IFAC highlights key areas for accountants amid rising sustainability demands

The International Federation of Accountants (IFAC) has published a report outlining four key areas where accountants need to enhance their knowledge to meet the escalating demand for sustainability-related information.

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Celebrating 20 years of XBRL Spain: from financial reports to sustainability

XBRL Spain is commemorating two decades of impactful work with a special event on 22 April in Madrid.

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ISSB Chair engages with African leaders to promote sustainability standards

Emmanuel Faber, Chair of the International Sustainability Standards Board (ISSB), alongside ISSB Member Ndidi Nnoli-Edozien, recently held discussions with prominent leaders and stakeholders in Kenya, Nigeria, and South Africa.

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FRC launches market study on UK sustainability assurance market

The Financial Reporting Council (FRC) has launched a survey of the UK market for sustainability assurance services. This initial study aims to ensure the efficient functioning of the rapidly expanding market and to enhance the quality of assurance provided over companies’ sustainability reporting.

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EFRAG, KSSB, and FSC representatives meet to discuss sustainability reporting standards

Amid global moves to adopt sustainability reporting standards, EFRAG recently welcomed delegates from the Korea Sustainability Standards Board (KSSB) and the Korean Financial Services Commission (FSC) in Brussels to discuss developments in sustainability reporting.

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Canada Proposes IFRS-Based Sustainability Reporting Standards

The Canadian Sustainability Standards Board (CSSB) has unveiled proposed standards aligned with the International Financial Reporting Standards (IFRS) Foundation’s International Sustainability Standards Board (ISSB).

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Hong Kong advances sustainability disclosure standards development

Following a Hong Kong government announcement in October 2023, Hong Kong is taking strides to implement sustainability standards in line with those released by the International Sustainability Standards Board (ISSB).

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Navigating sustainability reporting: insights from BASF

In a recent interview with BASF, a leading chemical company in Europe, CDP explores the intricacies of preparing for the upcoming European Sustainability Reporting Standards (ESRS) and the associated challenges and opportunities for entities and stakeholders.

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EBA seeks industry input on sustainability exposure classifications

The European Banking Authority (EBA) has launched an industry survey, inviting credit institutions to contribute insights into their methodologies for classifying exposures to environmental, social, and governance (ESG) risks.

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