Issues with assurance on SDG disclosures and NFR

by Carol Adams Main points: The consultation informing the SDGD Recommendations identified a number of gaps in assurance provision; The International Auditing and Assurance Standards Board (IAASB) is currently consulting on guidance on Extended … [Continue reading]

Who can harmonise better? Five myths in the debate about the future of sustainability reporting

by Carol A Adams Main points: A proliferation of bodies setting standards and frameworks has led to a proliferation of bodies claiming to ‘harmonise’ them.Five myths are prevailing to support claims to move the authority base for standards and … [Continue reading]

SDG Bonds: financing the SDGs with credibility, building back better post COVID-19

Main points: Governments around the world are seeking to build back better post COVID-19 and address long term sustainability developmentThe UNDP is consulting on Practice Assurance Standards for Sustainable Development Goal (SDG) BondsInput is … [Continue reading]

Europe needs mandatory non-financial reporting to underpin the COVID recovery

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 … [Continue reading]

Value creation v impact

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 … [Continue reading]

Airlines, COVID-19, climate change and risk reporting

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 … [Continue reading]

Accountancy Europe’s proposal for sustainability reporting standards

Main points: Accountancy Europe has proposed new structure for sustainability and other forms of non-financial reportingFurther consideration should be given to the problems that need to be addressed Any solution must involve enforced mandatory … [Continue reading]

Investors are asking the wrong questions about sustainability

by Carol A Adams When it comes to hitting the 2030 targets underpinning the UN’s 17 Sustainable Development Goals, considering risk alone will not cut it. Larry Fink’s recent emphasis on climate change risks and divesting in coal is … [Continue reading]

Call for improved UN Sustainable Development Goals disclosures

by Carol A Adams Main points: Sustainable Development Goals Disclosure (SDGD) Recommendations is published today by leading accounting bodies and others.The SDGD Recommendations are aligned to GRI, IIRC and TCFD.Consultation responses and a … [Continue reading]

The consultation responses

by Carol A Adams Main points: Responses to Recommendations for SDG Disclosures: A Consultation Paper are now available (links below)A Feedback paper by summarising these responses and responding to the consultation input will be published … [Continue reading]