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Items tagged with "ESG"

EFRAG publishes rationale behind climate disclosure standards

The European Financial Reporting Advisory Group (EFRAG) recently published its ‘Climate standard prototype’ working paper, setting out its current thinking on climate-related reporting standards. It has now released its accompanying ‘Basis for Conclusions,’ discussing the rationale behind the draft standards in substantial detail, from objectives and scope to specific climate policies, targets and metrics.

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SEC publishes sample letter on climate disclosures

The US Securities and Exchange Commission (SEC) has taken the interesting step of publishing a sample letter, illustrating comments that the Division of Corporation Finance might make on a company’s disclosures as they relate to climate change.

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How are ESG factors reflected in financial reporting?

While new disclosure standards and requirements appear to be on the horizon, we’ve seen different perspectives this week on how environmental, social, and governance (ESG) factors are reflected in current reporting.

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Bank of France Governor on the green data challenge

François Villeroy de Galhau, Governor of the Banque de France, spoke recently at the International Conference on Statistics for Sustainable Finance, emphasising the need for good data.

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Sustainability disclosures and public sector integrity: IFAC calls for focus from G20

The International Federation of Accountants (IFAC) has issued a call to action to the G20 on ‘Four themes, two actions, one goal’.

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EFRAG releases working paper on climate reporting standards

It is still relatively early days, but do you want to know more about the thinking thus far as the European Financial Reporting Advisory Group (EFRAG) works toward shared sustainability standards?

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From global to local: IFAC publishes framework for standards implementation and urges action

The International Federation of Accountants (IFAC) has published a framework for implementing global sustainability standards at the local level.

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Data. Definition. Disclosure: three ‘D’s fundamental for green finance

Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), gave a keynote speech on ‘What we need to do to make green finance work,’ at the Financial Times Investing for Good Asia digital conference on 8 September.

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UK FRC reviews climate reporting under SECR

The UK’s Streamlined Energy and Carbon Reporting (SECR) rules, which came into effect from 1 April 2019, provide an interesting example of mandatory climate reporting and potential insights for other jurisdictions implementing similar regimes.

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EU banks urged to accelerate ESG integration

A new EU study explores the current status of and best practices for the integration of environmental, social and governance (ESG) factors into the activities of the banking sector, including supervisory reporting.

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