Practical guide shares experiences of using both sets of standards together
April 8, 2021 /3BL Media/ - Joint research from the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) explores the experiences of companies that use the two sets of standards together to fulfil their reporting needs.
Buzz… Buzzz… Buzzzzz! The current buzz among key stakeholders – investors, corporate boards & management, NGOs, government regulators, stock exchanges, ESG raters & rankers, ESG corporate disclosure standards and frameworks managers – is centered on “Quo Vadis”…where do we go from here!
Although SAIC’s environmental footprint is modest, we are committed to assessing, reducing, and mitigating our environmental impact. By acting as responsible environmental citizens, we are generating results that are good for our planet now and in the future.
Our practices and environmental targets are helping ensure a more sustainable world for our employees, families, and communities.
At certain times, an unknown unknown may strike, rapidly triggering a serious crisis situation. Think of a tsunami or earthquake. Many other times the crisis situation occurs and there is a dozen, maybe dozens of precursor events or activities that over time if neglected set up the going over the cliff situation. The G&A Institute team collectively has helped to manage literally hundreds of critical events or crisis situations over the years for clients. We have seen many crisis situations over time -- but none with the scale of the dangers posed to humanity and planet by climate ch
Survey on updating GRI Topic Standards to improve human rights reporting
March 25, 2021 /3BL Media/ - A survey has launched to seek views on the priority human rights issues that could be included in future in revised or new GRI Standards.
The Universal Standards – which apply to all organizations using the Standards – are being updated by the Global Sustainability Standards Board (GSSB). The new version, to launch later this year, will increase requirements for human rights and due diligence reporting, aligning with UN Guiding Principles and OECD Guidelines.
Federal policymaking and regulation with respect to investor risk and opportunity is a complicated story played out over almost a century. The modern era of laws passed/rules adopted to implement got underway in earnest in 1933 and 1934 following the October 1929 “Black Tuesday” stock market crash and subsequent failure of Wall Street firms and banks. The Securities Act of 1933 and The Exchange Act of 1934 are the solid foundations of most of the investor protection laws and rules that have followed.
As he assumed the post of the highest elected public officer of the United States, President Joseph Biden characterized his [as the] “Climate Administration” and immediately (the fabled Day One actions) set out a very ambitious “climate crisis” policy agenda for action by the many arms of the Federal government agencies under his control. (Notably, all cabinet offices with their great reach.)
GRI sees clear alignment with EU’s sustainability standard setting efforts – and is ready to assist
March 11, 2021 /3BL Media/ - Recommendations for the creation of European sustainability reporting standards would require large companies in the EU to disclose their external impacts in a way that meets the needs of multiple stakeholders while building on the standard setting of global bodies, such as GRI.
IFRS proposals on corporate sustainability are a step in right direction
An update on the IFRS sustainability standards consultation process offers encouraging signs that their changes can strengthen financial reporting by companies, which alongside sustainability reporting with both on an equal footing, would improve transparency on sustainability risks and opportunities – according to GRI.
The public discourse about the current (and future) state of corporate sustainability / ESG disclosure and reporting continues to steadily expand, especially in Europe and North America, Asia, and other regions. What new or expanded accounting standards might be developed to create more harmony in corporate disclosures? To establish more comparability, standardization and credibility for public company reporting?