Participants in the CDR are the CDP, the Climate Disclosure Standards Board (CDSB), the Financial Accounting Standards Board (FASB), the Global Reporting Initiative (GRI), the International Accounting Standards Board (IASB), the International Integrated Reporting Council (IIRC), the International Public Sector Accounting Standards Board (IPSASB), the International Organization for Standardization (ISO), and the Sustainability Accounting Standards Board (SASB).

The participants aim to work together to respond to market calls for better alignment and reduced burden in corporate reporting by promoting proactive engagement between the key organisations. The principle aims of the CRD include:

• To communicate about the direction, content and ongoing development of reporting frameworks, standards and related requirements;
• to identify practical ways and means by which respective frameworks, standards and related requirements can be aligned and rationalised;
• to share information and express a common voice on areas of mutual interest, and where possible, will engage key regulators.

According to the press release, the initial deliverable will be "to develop a 'Corporate Reporting Landscape' highlighting the connectivity of the various reporting frameworks and standards and their relevance to Integrated Reporting".

Please click for additional information on the IIRC website:

• Press release
• Dedicated CRD page