Sam Groves

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.

BlackRock endorses climate disclosures and stresses need for collaboration

Amtrak releases 2021 sustainability report

SVB releases 2022 sustainability report

WEF initiative to support ESG reporting in Central America

IIA conference on ESG issues

ISSB Jurisdictional Working Group meeting summary

MAS releases 2021/22 sustainability report

WEF releases guide to help companies build trust in ESG

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.