A prototype climate disclosure standard with a flawed conceptual framework

by Carol A Adams At the end of 2020 various organisations jointly released a ‘prototype’ climate-related financial disclosure standard cobbled together in some haste from existing offerings. Whilst anyone familiar with TCFD, integrated reporting … [Continue reading]

Issues, solutions and options for IFRS on sustainability reporting

Focussing on the issues, solutions and options for achieving them rather than the consultation questions posed, Professors Abdelsalam, Craig, Mueller, Slack and myself made this research-informed submission to the IFRS Foundation Trustees for Durham … [Continue reading]

Sustainable development is too important for self-interest and political posturing

by Carol A Adams and Charles H Cho In their Green Paper Richard Barker and Robert Eccles claim to contribute, in a “neutral way”, to the ongoing debate on sustainability reporting standards and who should set them. We are not neutral. We … [Continue reading]

How are investors using ESG information?

by Carol Adams (Post updated with link to recording on 27th January 2021) Here's what I took away from the panel discussion I chaired on how investors use ESG info at CSRWorks International's Asia Sustainability Reporting Summit held in … [Continue reading]

Research supporting submission to IFRS from Professors of Accounting researching Sustainability Accounting and Reporting

The signatories to the Open Letter to the Chair of the IFRS Foundation Trustees here provide references to independent peer reviewed academic research supporting their summary of research findings. The Open Letter was submitted by Professors of … [Continue reading]

Next the Impact Foundation?

by Carol A Adams Main points: You can talk about impact on sustainable development without talking about value BUT you can't talk about value creation without knowing your impact If we don't achieve the SDGs there won't be any "enterprise … [Continue reading]

Sustainability reporting and value creation

by Carol A Adams “…it would seem that the very tenets of the kind of society in which financial accounting plays a starring role are grounded in injustice masquerading as decency” Rob Gray (Gray 2006 p797) Abstract This paper revisits Rob … [Continue reading]

JSE event: Towards Common Reporting Standards: Will it help achieve the aims of sustainable development?

Chief Sustainability Officer at the Johannesburg Stock Exchange (JSE), Shameela Ebrahim, posed some very pertinent questions when we kicked of the JSE’s annual sustainability show case earlier today.  Her questions were: Why so many … [Continue reading]

UNDP’s SDG Impact Standards for Enterprises

The UNDP’s SDG Impact Standards for Enterprises are open for consultation until 15th December. “The Standards…[link] sustainable development and achieving the SDGs to core business purpose and practice… The Standards recognize and Enterprises … [Continue reading]

Accountants can help meet the Sustainable Development Goals

by Carol A Adams Accountants have an important role to play in helping organisations address the issues that led to the development of the United Nations’ Sustainable Development Goals (SDGs). The 17 Goals were the result of extensive global … [Continue reading]