Switzerland’s Federal Department of Finance (FDF) is set to propose rules which will involve regulating the use of labels like ‘sustainable,’ ‘green,’ or ‘ESG’ on financial products.
As we pass key milestones in climate reporting, the Financial Stability Board (FSB) presents its 2023 Progress Report, highlighting substantial advances made since October 2022.
The Brazilian Ministry of Finance and the Securities and Exchange Commission of Brazil (Comissão de Valores Mobiliários, CVM) have unveiled plans to integrate the International Sustainability Standards Board’s (ISSB) IFRS Sustainability Disclosure Standards into Brazil’s regulatory framework.
In the ever-evolving landscape of sustainability reporting, the Sustainability Accounting Standards Board (SASB) has been making crucial refinements to their standards, aimed at bolstering their international relevance.
Another highlight at Data Amplified 2023 was the launch of XBRL International’s updated microsite on planning and implementing digital sustainability reporting using XBRL.
California’s Governor Gavin Newsom has signed two landmark climate-disclosure bills, SB 253 and SB 261, into law, effective on companies from 2026.
The US Federal Energy Regulatory Commission (FERC) has approved an update to the Uniform System of Accounts to better reflect the energy industry’s changing landscape.
Sue Lloyd, Vice-Chair of the ISSB, recently gave an overview of developments in sustainability reporting. Looking to the future, she acknowledged the importance of digital reporting in interoperability.
The European Financial Reporting Advisory Group (EFRAG) and the Global Reporting Initiative (GRI) have issued a statement confirming a high level of interoperability between their respective sustainability reporting standards.
A discussion is now available to watch between Linda Mezon-Hutter, Vice-Chair of the International Accounting Standards Board (IASB) and Sue Lloyd, Vice-Chair of the International Sustainability Standards Board (ISSB).
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