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Items tagged with "ESG"

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European parliament votes to retain reporting standards for EU listed companies

With a narrower majority than expected, the European Parliament has chosen to uphold the European Sustainability Reporting Standards (ESRS), safeguarding them from potentially being scrapped this week.

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Implicit XBRL mandate here to stay for Swiss climate reporting

Digital climate disclosures are coming to Switzerland. Xenia Karametaxas, Sustainable Finance Policy Advisor to the Swiss State Secretariat for International Finance, spoke to independent analyst and investor Christian Dreyer CFA on Monday 16 October at Data Amplified 2023.

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South Korea delays ESG disclosure mandates

Recent developments in Korea include a shift in mandatory sustainability-related disclosure timelines.

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California enacts first mandatory climate disclosure law in the US

California’s Governor Gavin Newsom has signed two landmark climate-disclosure bills, SB 253 and SB 261, into law, effective on companies from 2026.

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SFDR Overhaul: Balancing Sustainability and Uncertainty

The European Union’s Sustainable Finance Disclosure Regulation (SFDR) is set for a comprehensive review, reflecting the evolving global landscape of sustainable investment.

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Unlocking synergy: EFRAG symposium explores connectivity between financial and sustainability reporting

The EFRAG Symposium at the 2023 EAA Annual Congress was a deep dive into the pressing issue of connecting financial and sustainability reporting. With a roster of insightful speakers, the aim was to discover not just how these two realms could coexist but how they could collaborate to amplify reporting outcomes.

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TNFD unveils recommendations for nature-related financial disclosures

The Taskforce on Nature-related Financial Disclosures (TNFD) last week released its recommendations for managing and disclosing nature-related risks.

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Sustainability disclosure from beyond the G20 highlighted in new IFAC study

The International Federation of Accountants (IFAC) has published a broad examination of sustainability disclosure and assurance practices beyond the G20, showing a need for alignment and assurance.

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IOSCO highlights capacity building role in sustainable finance

Jean-Paul Servais, Chair of the International Organization of Securities Commissions (IOSCO), recently addressed the EUROFI 2023 Financial Forum, highlighting IOSCO’s plans to support the transition towards sustainability-related digital data reporting via a capacity building program.

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EFRAG briefing summary sheds light on climate-related risks in financial statement

EFRAG recently published insights into the International Accounting Standards Board’s (IASB) project on climate-related risks in the financial statements. The briefing covers key findings from EFRAG’s outreach and reviews of European companies’ reporting of climate-related risks.

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