The International Organization of Securities Commissions (IOSCO) published a statement welcoming the International Sustainability Standards Board (ISSB)’s progress into the final stage of developing its first sustainability disclosure standards (above).
With Estonian reporting requirements expanding to include sustainability information in line with the EU’s Corporate Sustainability Reporting Directive (CSRD), this week an article weighs up the pros and cons for Estonian corporates.
While some regulators and stakeholders within the disclosures world see the increase in sustainability reporting as something that should solely reflect financial risk and opportunity, others see additional Environmental, Social, and Governance (ESG) reporting requirements as an opportunity to nudge behaviour.
Innovate Finance recently shared a useful comment response to the UK Financial Conduct Authority (FCA) consultation paper Sustainability Disclosure Requirements and investment labels.
The EU’s three European Supervisory Authorities (ESAs) published positive statements supporting the current draft of the European Sustainability Reporting Standards (ESRS) this week.
The UK’s Financial Reporting Council (FRC), which published its first Statement of Intent on Environmental, Social and Governance (ESG) in 2021, has updated its earlier statement setting out the areas that remain challenging in ESG reporting.
While the general direction of most major jurisdictions is towards improving, increasing, and mandating sustainability reporting, not everyone agrees that more needs to be done to support environmental, social and governance (ESG) disclosure.
In June last year the Value Reporting Foundation (VRF) – home to the SASB Standards and the Integrated Reporting Framework – were folded into the International Sustainability Standards Board (ISSB), under the auspices of the IFRS Foundation. So, what’s been happening to the SASB standards since then?
The European Central Bank (ECB) has published a set of initial, experimental climate-related statistical indicators to help analyse climate-related risk.
Major governments worldwide have implemented – or are working to implement – new initiatives mandating sustainability and climate-change related reporting. The aim is to better understand the financial risk faced by climate change, and, in some jurisdictions, to also understand the wider impact entities have on environmental social interests.
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