Recent sustainability reporting developments

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22 Sep 2016

A summary of recent developments at the GRI/UN Global Compact and CDSB/CDP.

The Global Reporting Initiative (GRI) and the United Nations Global Compact have launched 'SDG Leadership through Reporting', a new initiative to promote and advance corporate reporting on the Sustainable Development Goals (SDGs). The two organisations will work together to develop a list of disclosures for tracking business contributions to the SDGs and they will release a publication on SDG-reporting. The launch will took place during the United Nations Private Sector Forum 2016, held on 19 September 2016 at the UN Headquarters in New York. For more information please see the press release on the GRI website.

With the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) set up by the Financial Stability Board (FSB) expected in December, the Carbon Disclosure Project (CDP) and the Climate Disclosure Standards Board (CDSB) have published a short paper considering how the reporting community could work together to support the successful implementation of climate-related financial disclosure through mainstream reporting channels. A happier horizon discusses the preparation of the reporting infrastructure, practical integration of climate change information into mainstream reports, and materiality. In conclusion the paper identifies that there is a crucial role for the reporting community to play to ensure the success of the TCFD’s recommendations. Please click for the press release and the publication on the CDSB website.

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