Main points: Non-Financial Reporting (NFR) is critical to building a sustainable economy post the COVID-19 crisis.  With a consultation in progress for the NFR Directive and the development of Tools and Mechanisms for the Integration of ESG factors into the EU Banking Prudential Framework and into Banks’ Business Strategies and Investment Policies the EU Commission […]

Main points: The SDGD Recommendations ask organisations to consider both value creation for the organisation and impact on the achievement of sustainable development. Key reporting frameworks are compared for their focus on contribution to value creation v impact. The SDGD Recommendations draw on the three most influential non-financial reporting frameworks/standards. Should reporting frameworks focus on […]

COVID-19 highlights the cracks in corporate risk reporting and head-in-sand corporate governance practices.  The experience with SARS demonstrated how vulnerable airlines are to viral outbreaks, whether pandemics or not.  And recent negative coverage of Royals on private jets demonstrates public awareness of the contribution of air travel to climate change. But airlines are not acknowledging […]

Main points: Accountancy Europe has proposed new structure for sustainability and other forms of non-financial reporting Further consideration should be given to the problems that need to be addressed Any solution must involve enforced mandatory requirements for large companies Accountancy Europe’s proposed structures for sustainability and other forms of non-financial reporting mirror those of financial […]