From CDP's alignment with the ISSB to the value of global water sources, in this weekly round-up we explore the latest developments regarding corporate initiatives, sustainability reports and key industry updates.
The UK's business ministry announced its intention to align its Sustainability Disclosure Standards (SDS) with the International Sustainability Standards Board (ISSB) for company disclosures on sustainability.
The International Sustainability Standards Board (ISSB) is to take over responsibility for the Taskforce for Climate-related Financial Disclosure (TCFD) from 2024. While the US SEC is yet to release its own guidelines, the ISSB’s shift towards disclosure across Scope 1, 2 and 3 will make it harder to avoid the inclusion of global supply chains.
Just as companies are getting to grips with climate reporting, momentum for biodiversity disclosures has been building up globally. SG Voice has compiled a list of regulations and frameworks designed for businesses of all types.
While the new Corporate Sustainability Reporting Directive (CSRD) is going to impact thousands of companies, both within the EU and outside, only a few are ready to comply with its requirements. Mandatory reporting requirements on environmental and social impact are accelerating and new approaches must be found to meet the challenge.
The International Sustainability Standards Board (ISSB) said that companies can begin by reporting exclusively on climate as they get familiar with the disclosure requirements.
The International Accounting Standards Board (IASB) has launched a new initiative to determine how companies can improve their disclosure of climate-related financial risks.
The International Sustainability Standards Board (ISSB) has announced that its initial IFRS Sustainability Disclosure Standards will become effective in January 2024.