ESG

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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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CSRDESGESRSEU

EU amends ESRS, seeks to align, reduce reporting burden

By Editor

The European Commission has now published, for a four week consultation period, a set of revisions to the European Sustainability Reporting Standards (ESRSs).

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ASICAustraliaDigitisationESG

Australia eyes ESG reporting

By Editor

The Australian Securities & Investments Commission (ASIC) Chair Joe Longo delivered a speech at the AFR environmental, social, and governance (ESG) Summit, shedding light on the crucial role of ESG reporting and its impact on attracting investment.

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EFRAGESGESRSTaxonomy

All your questions on the EFRAG taxonomy, answered

By Editor

Guest blog by Jacques Urlus, Chairman of the XBRL Netherlands Foundation. EFRAG has announced that the first final version of its taxonomy for ESG information will be released at the end of September. That leaves 14 months for the first listed companies to release their formatted annual reports containing the tagged ESG information.

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CSDDDESGEUTransition

EU Parliament approves company governance ESG regulation, advances climate transition plans

By Editor

The European Parliament has voted in favour of significant new rules designed to reshape corporate practices and strengthen accountability for the environmental and social impacts of companies.

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ESASESGEU

ESAs explain greenwashing in the financial sector

By Editor

The European Supervisory Authorities (EBA, EIOPA, and ESMA) have released a Progress Report outlining a common understanding of greenwashing in the financial sector. Greenwashing can refer to intentionally or unintentionally offering misleading sustainability information and – unsurprisingly – the ESA’s report highlights lack of data as a cause.

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ESGGHGIFACSustainability

New roadmap for greenhouse gas reporting

By Editor

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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ESGNon-FinancialReportingUK

UK launches review of non-financial reporting requirements

By Editor

The UK Department for Business and Trade (DBT), in collaboration with the Financial Reporting Council (FRC), has issued a call for evidence to support the review of the UK’s non-financial reporting requirements.

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CSRDESGEUXBRL EU

Think Digital for Sustainability Disclosures

By Editor

XBRL EU urges digital for sustainability disclosures at a meeting in Rome this week. At the very successful XBRL-EU conference in Rome earlier this week, the attendees heard a range of details about the upcoming implementation of the European Sustainability Reporting Standards (or ESRSs) via the CSRD, or Corporate Sustainability Reporting Directive.

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ASICAustraliaESG

ASIC highlights need for transparency in sustainable finance

By Editor

In a speech at the RI Australia 2023 conference, ASIC Deputy Chair Karen Chester emphasised the regulator’s focus on sustainable finance and the need to tackle greenwashing with sustainability disclosures.

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