Heading in the wrong direction: IFRS and its band

by Carol A Adams Main points: Recent contributions to the sustainability reporting debate are still contradictory.The key 'players' are heading in a direction that will not lead to transformation.Some organisations/individuals are welcoming … [Continue reading]

Accountability and Governance in Pursuit of Sustainable Development Goals: Conceptualising how governments create value

By Subhash Abhayawansa, Carol A Adams and Cristina Neesham Main points: Sets out the national accountability & governance structures required to track a nation's progress on the United Nations Sustainable Development Goal. Draws … [Continue reading]

EU v IFRS: Fundamentally different approaches to sustainability reporting

by Carol A Adams Main points: The IFRS Foundation and EU/EFRAG approaches are opposed in all key aspects.The EU/EFRAG approach is likely to contribute to addressing sustainable development (including climate change). The IFRS Foundation … [Continue reading]

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]