Recent sustainability and integrated reporting developments

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23 May, 2016

A summary of recent developments at the GRI, the UNEP, the FSB/TCFD, and the IIRC and FEE.

The Global Reporting Initiative (GRI) held its 5th GRI Global Conference last week. Quite a few developments were announced, discussed and commented on. Among other things, the UN Global Compact and GRI announced a renewed Memorandum of Understanding outlining continued collaboration over the next three years and GRI announced the launch of a Digital Reporting Alliance. There is a dedicated GRI website with all press releases issued in connection with and during the three day conference.

The United Nations Environment Programme (UNEP) and GRI have jointly published their annual report on regulation on sustainability reporting offering an overview of global trends and develoipments. Please click to access the 2016 edition of Carrots & Sticks (external link).

The Financial Stability Board (FSB) has announced the names of additional members of its Task Force on Climate-related Financial Disclosures (TCFD) for the second phase of the work of the task force. Among the new members is Eric Dugelay, Global Leader of Sustainability Services at Deloitte. Please click for more information of the FSB website.

On 6 April, the The Federation of European Accountants (Fédération des Experts-comptables Européens, FEE) and the International Integrated Reporting Council (IIRC) held a joint event "Enhancing transparency and value: From the Non-Financial Information Directive to Integrated Reporting". A report from that event is now available on the IIRC website.

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