The European Commission has written to the European Financial Reporting Advisory Group (EFRAG) inviting it to start work on drafting sustainability reporting standards, in parallel with the development of the proposed Corporate Sustainability Reporting Directive (CSRD).
In another great opinion piece from our Board, Mohini Singh, ACA, Director of Financial Reporting Policy at CFA Institute and Treasurer of the XBRL International Board of Directors, writes in Reporting Times on ‘The need for high-quality, globally comparable international sustainability standards.’
Jean-Paul Servais, Vice Chair of the International Organization of Securities Commissions (IOSCO) and Chair of the International Financial Reporting Standards (IFRS) Foundation Monitoring Board, recently explored why IOSCO believes in the IFRS Foundation Trustees’ sustainability initiative and how IOSCO will support it.
An EU High Level Conference held yesterday on the proposed Corporate Sustainability Reporting Directive (CSRD) brought together a number of high level speakers to discuss the new reporting proposals announced two weeks ago.
We’re still finding a lot to be excited about in the EU’s new Corporate Sustainability Reporting Directive (CSRD) and the introduction of Inline XBRL in mandatory sustainability reporting – our colleagues at Workiva, an XBRL International Sustaining Partner, agree.
A global sustainability standards setter is firmly on the way. The Trustees of the International Financial Reporting Standards (IFRS) Foundation have opened a consultation on proposed amendments to the Foundation’s constitution.
In an interview with ESG Investor, Patrick de Cambourg, Chair of the European Financial Reporting Advisory Group (EFRAG) task force charged with developing non-financial standards, has said Europe could have sustainability reporting standards within 18 months.
The European Commission has adopted a proposal for a Corporate Sustainability Reporting Directive (CSRD), to amend and replace the current Non-Financial Reporting Directive (NFRD).
If you’re following developments in the international efforts to develop global environmental, social and governance (ESG) reporting standards and a Sustainability Standards Board (SSB), you may be interested in a recent interview in ESG Investor on ‘Making Climate Data Comparable’ with Ashley Alder, Chair of the International Organization of Securities Commissions (IOSCO).
The Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) have published joint research exploring the experiences of companies using both sets of standards.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
