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?
Corporate sustainability / ESG reporting -- What to disclose? How to frame the disclosures (context matters!)? What frameworks or standards to use? Questions, questions, and more questions for corporate managers to consider as ESG disclosures steadily expand.
There are now many more lively discussions going on about corporate ESG / sustainability et al public disclosures and structured reporting practices -- and the growing complexity of all this, resulting often in disclosure fatigue for practitioners!
About Sustainable / or ESG Investing: We have traveled a far distance over the past four decades, beginning with “ethical” and “faith-based” and the more frequent “socially responsible investing” (SRI), morphing over time into “sustainable & responsible investing” (still SRI for the traditionalist) and on to “ESG investing”. And now to… how about “investing”? That is, just plain investing, as our friend and colleague Erika Karp, CEO of Cornerstone Capital Group has been long saying.
By Camila Corradi Bracco, Senior Coordinator – Content Development & Program Delivery, GRI
Since the launch of the Sustainable Development Goals (SDGs) in 2016, the role of the private sector in fulfilling the 2030 Agenda has been widely acknowledged, as set out under SDG 12. Yet to assess how companies are actually contributing towards these Global Goals, we need greater transparency on their impacts.
Setting the Pace & Shaping the 2021 Sustainability Conversation
At the beginning of the calendar year, the CEO of the world’s largest asset management firms sends his annual “guidance” missive to the Chief Executive Officers of publicly-traded firms. Here is where we stand, here is what we expect, is the tone set by this global manager of investors’ assets.
On January 20, 2021, the transfer of power in the Executive Branch went forward, according to the Constitution of the United States of America, and President Joseph Biden and Vice President Kamala Harris assumed the offices of the highest elected officials in the nation.
This will be the “climate administration,” President Biden has declared. And within a week a comprehensive “whole of government” approach was announced, with sweeping changes that present both risk and opportunity to the corporate community and the capital markets.
Updated guidance on linking the Sustainable Development Goals with the GRI Standards
January 22, 2021 /3BL Media/ - It is now even easier for organizations to communicate their efforts to support the UN Sustainable Development Goals (SDGs), by using the most widely adopted standards for sustainability reporting – the GRI Standards.
Countries around the world are tuning in and exploring ways to guide companies to report on ever more important climate related disclosures. Embracing of the Task Force recommendations is a key policy move by governments.
After the 2008 global financial crisis, the major economies that are member-nations of the “G20” formed the Financial Stability Board (FSB) to serve a think tank and forum for the world’s leading developed countries to develop strong regulatory, supervisory, and other financial sector policies.