Archive

Sustainability, sustainability everywhere, Nor any drop to drink - according to IFAC's report

"A lot going on in sustainability reporting, but not good enough," IFAC's CEO Kevin Dancey says.

Corporates doubtful on ESRS compatibility with TCFD framework

One of the common criticisms levelled at EFRAG and the European Union is to not have openly embraced (unlike the ISSB) the TCFD's four pillars of reporting, but most corporate respondents to EFRAG's consultation said the proposed standards are TCFD compatible even if some would like greater alignment on terminologies.

Consultation respondents poke holes in building blocks approach but endorse ISSB standards as global baseline

If there is one area of agreement amongst all stakeholders who responded to the ISSB and EFRAG consultations is that they do not want to see emerge a fragmented sustainability reporting landscape, the feeling is potentially shared at both standard setters, yet their respective solutions do not gather unanimous support.

Accountancy bodies concerned with complexity of ESRS

Accountancy professional bodies are concerned with the complexity of the draft European Sustainability Reporting Standards (ESRS) in a number of comment letters sent to EFRAG, Corporate Disclosures has found.

Does the SEC have a mandate for climate disclosures?

ISSB receives mixed feedback on its approach to materiality

Highlighting different attitudes towards single vs double materiality

Spanner in the wheel of the EFRAG sustainability chair nomination

Concerns of some member states over process means the point has been temporarily dropped off the Council of the EU's agenda

Unions have their say on ESRS

Investors and consumers concerned ESRS will overburden companies

Should the ESRS E4 on biodiversity be sector specific or a topical standards?

Stakeholders disagree during an outreach event organised by EFRAG