As the build-up continues to the pandemic-delayed UN Climate Change Conference (COP26), all eyes – and hopefully all agendas – are on how to reach net-zero carbon emissions. And as the International Energy Agency (IEA) made clear in its recent Net Zero by 2050 report, this aim will fall short without a radical decrease this decade in the share of coal in global energy generation.
The required financial reporting by publicly-traded companies is assured by third parties. The SEC rules require public companies to have an annual audit; audited financial statements have an opinion included from the auditing firms. Objective: determining if the statement presents information fairly and in line with GAAP (Generally Accepted Accounting Principles).
What are the steadily rising investor expectations for the corporate sectors’ climate change actions and expanded disclosures? We can examine the expectations of leading asset owners/fiduciaries and their asset managers to understand their views on the ESG / sustainability disclosure practices of issuers they provide capital to. This includes keeping close watch on individual institutions and especially the collaborations of investment organizations they participate in.
For example, asset owners and external asset managers are asking many more questions now about the sustainability journey of the companies they are invested in, including ESG strategies, actions, performance, metrics, outcomes, recognitions, and more.
GRI Academy expands curriculum with a course on the Tax Standard
Sustainability and tax professionals have a new opportunity to deepen their understanding of tax reporting – and better address global requirements for tax transparency – following the launch of a training course on the new GRI Tax Standard.
Self-paced across eight sections and accessible online through the GRI Academy, the course will take around two and a half hours to complete. It provides:
Eons ago as then-existent forms of life on Earth died off, decomposing remains became fossils…or relevant to current “heated” conversations about the future of energy, the stuff of today’s “fossil fuels.” Coal, crude oil, natural gas. As National Geographic explains for us, these fuels found in the Earth’s crust contain important amounts of carbon and hydrogen, which can be burned to create the energy we need in our modern times.
The Biden-Harris Administration continues to roll out details of new, proposed or adjusted policies, rules, programs, federal government financing plans (budgeting) and various actions to address what the leaders characterize as “the climate crisis”.
Business and financial activities in “APAC”, the Asia / Pacific Basin Region are vital to the economies of the rest of the world. Think of the region’s leading sovereign economies…in order of magnitude, consider the impact of the economies of China, Japan, India, South Korea, Australia, Indonesia (these are the top economies).