Recent sustainability and integrated reporting developments

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06 Aug 2015

A summary of recent developments at the IIRC, the GRI, the GSSB and the WFE.

The International Integrated Reporting Council (IIRC) has released a draft matrix of competencies that it sees as essential for anyone working within an integrated reporting environment. It is intended to provide clear guidance on the skills and experience needed to be an effective practitioner in integrated reporting and is aimed at helping organisations to achieve consistency in the level of skills required. The draft matrix of competencies is available on the IIRC website.

The Global Reporting Initiative (GRI) has established a new Knowledge Unit, which is intended to mobilise the knowledge gained during nearly 20 years of reporting practice, four versions of the Guidelines, over 25,000 reports registered on the Sustainability Disclosure Database, and tens of thousands of practitioners and experts actively engaged in reporting and transparency. More information is available in the press release on the GRI website.

The Global Sustainability Standards Board (GSSB) has issued its first interpretationon the meaning of 'in accordane' with the GRI Guidelines. The GSSB is mandated to use such authoritative pronouncements to refine and clarify disclosures and concepts in the standards and original GRI guidelines. lease click to access the press release announcing the new interpretation.

The World Federation of Exchanges (WFE) has issued the results of the its Sustainability Working Group report and survey on exchanges and ESG initiatives. Exchanges are playing an ever more significant role in promoting non-financial reporting The full report is available on the WFE website.

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