Other sustainability reporting developments

This page provides a collection of resources on other sustainability reporting developments including the publication, in June 2017, of the Task Force on Climate-related Financial Disclosures (TCFD's), final recommendations for effective disclosure of climate-related financial risks.  Over 100 CEO's of large, multi-national organisations have publicly stated their support for the TCFD's initiative and urged other companies to support better disclosures of climate-related risks and opportunities.

Related resources

IPSASB (International Public Sector Accounting Standards Board) (mid gray) Image

IPSASB develops climate-related disclosure standard for the public sector

12 Jun, 2024

The International Public Sector Accounting Standards Board (IPSASB), with support from the World Bank, is currently developing a climate-related disclosures standard for the public sector. This will be the first IPSASB Sustainability Reporting Standard (IPSASB SRS) and a draft for public comment is expected in Q4 2024.

GRI (Global Reporting Initiative) (green) Image

GRI consults on revised standards for employment practices and working conditions

11 Jun, 2024

The Global Reporting Initiative (GRI) has launched a consultation on revisions to its standards ‘GRI 202: Market Presence’, ‘GRI 401: Employment’ and ‘GRI 402: Labor/Management Relations’. The comment period for the revised standards ends on 4 October 2024.

Accountancy Europe Image

Accountancy Europe launches ‘ESRS perspectives’ publication series

10 Jun, 2024

Accountancy Europe has launched a new publication series titled ‘ESRS perspectives’. The first paper in the series discusses the concept of materiality assessment under European Sustainability Reporting Standards (ESRS).

Leaf - sustainability (green) Image

CDP launches new disclosure platform

04 Jun, 2024

CDP has launched its new disclosure platform to streamline and remove barriers to high-quality reporting on climate and nature.

EFRAG document (dk green) Image

EFRAG finalises implementation guidance for ESRS

03 Jun, 2024

EFRAG has published three non-authoritative implementation guidance documents on European Sustainability Reporting Standards (ESRS): EFRAG IG 1 ‘Materiality Assessment’, EFRAG IG 2 ‘Value Chain’ and EFRAG IG 3 ‘ESRS Datapoints’.

EFRAG document (dk green) Image

EFRAG publishes third set of technical explanations on ESRS

30 May, 2024

EFRAG has published the third set of non-authoritative technical explanations to assist stakeholders in the implementation of the European Sustainability Reporting Standards (ESRS).

ACCA (UK Association of Chartered Certified Accountants) (lt green) Image

ACCA publishes sustainability reporting guide for SMEs based on ISSB standards

30 May, 2024

The Association of Chartered Certified Accountants (ACCA) has published a document titled 'Sustainability Reporting—SME Guide'. The guide is intended to support small- and medium-sized entities (SMEs) to disclose sustainability-related information that regulators and stakeholders increasingly demand.

IFRS Foundation (blue) Image

Major economies advance towards unified sustainability standards

28 May, 2024

During the IOSCO annual meeting in Athens, the IFRS Foundation unveiled its inaugural Jurisdiction Guide to assist regulators in implementing the ISSB Standards. The guide aims to help jurisdictions navigate their adoption or alignment processes, ensuring consistent and comparable sustainability-related disclosures across markets.

Leaf - sustainability (green) Image

G7 Finance Ministers and Central Bank Governors call for global interoperability of sustainability reporting standards

27 May, 2024

The Finance Ministers and Central Bank Governors of the G7 met in Stresa, Italy on 23-25 May 2024. In their final communiqué they note the role of sustainability reporting for the green transition.

IFRS Foundation (blue) Image

IFRS Foundation and GRI aim to deliver full interoperability between ISSB and GRI standards

24 May, 2024

The IFRS Foundation and the Global Reporting Initiative (GRI) have announced that they will work together to optimise how ISSB and GRI standards can be used together to facilitate reporting on an entity's impacts, risks and opportunities, including risks that arise from the entity's impacts.

Leaf - sustainability (green) Image

120 signatories call for commitment from jurisdictions to adopt the ISSB standards

22 May, 2024

120 investors, companies, industry associations and stock exchanges have signed a call for commitment from relevant authorities across jurisdictions to adopt the ISSB standards. The endorsed statement was developed jointly by the London Stock Exchange Group (LSEG), the Principles for Responsible Investment (PRI), the United Nations Sustainable Stock Exchanges initiative (UN SSE) and the World Business Council for Sustainable Development (WBCSD).

ISSB webcast Image

ISSB publishes webcasts on current and anticipated effects

22 May, 2024

The International Sustainability Standards Board (ISSB) has published two webcasts on the disclosure requirements related to current and anticipated effects of sustainability-related risks and opportunities on an entity's financial position, financial performance and cash flows.

Webcast (blue) Image

IFRS Foundation to launch webcast series on sustainability disclosures

21 May, 2024

The IFRS Foundation has announced a new webcast series titled 'Perspectives on sustainability disclosure' with the first webinar to take place on 30 May 2024.

Leaf - sustainability (green) Image

Chair of the new UK Sustainability Disclosure Technical Advisory Committee appointed

20 May, 2024

The Chair of the new UK Sustainability Disclosure Technical Advisory Committee (TAC) has been appointed.

Leaf - sustainability (green) Image

UK Government publishes an implementation update on UK Sustainability Disclosure Requirements

18 May, 2024

The UK Government has published an update on plans to introduce economy-wide Sustainability Disclosure Requirements (SDR) in the UK.

IFRSF document (blue) Image

IFRS Foundation publishes updated guide on using the IR Framework with the ISSB standards

17 May, 2024

The IFRS Foundation has updated its guide titled 'Transition to integrated reporting: A guide to getting started' to help entities implement IFRS S1 and IFRS S2.

GRI (Global Reporting Initiative) (green) Image

GRI starts new publication series on the CSRD

16 May, 2024

The Global Reporting Initiative (GRI) has set up a new publication series titled 'CSRD Essentials'. In the series, GRI explores the EU mandatory sustainability reporting requirements under the Corporate Sustainability Reporting Directive (CSRD).

Document (lt green) Image

ICAS and IRC examine the materiality concept in financial and sustainability reporting

16 May, 2024

The Institute of Chartered Accountants of Scotland (ICAS) and the Integrated Reporting Committee of South Africa (IRC) have each published documents that discuss the concept of materiality in financial and sustainability reporting.

FRC Image

FRC to hold roundtable events on the UK sustainability assurance market

03 May, 2024

The Financial Reporting Council (FRC) will hold two roundtable events on 5 June and 12 June as part of its market study on the UK sustainability assurance market.

ISSB (International Sustainability Standards Board) (blue) Image

ISSB and EFRAG publish 'ESRS — ISSB Standards Interoperability Guidance'

02 May, 2024

The International Sustainability Standards Board (ISSB) and EFRAG (formerly the European Financial Reporting Advisory Group) have published guidance to illustrate the high level of alignment achieved between the ISSB standards and the European Sustainability Reporting Standards (ESRS).

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.