ISSB

UNDP Joins the Task Force on Inequality-related Financial Disclosures (TIFD) as Newest Member of the Interim Secretariat

Retrieved on: 
水曜日, 11月 2, 2022

Established in 2021, the TIFD Interim Secretariat comprises the Argentine Network for International Cooperation (RACI), Predistribution Initiative (PDI), Rights CoLab, the Southern Centre for Inequality Studies (SCIS), and now the UNDP.

Key Points: 
  • Established in 2021, the TIFD Interim Secretariat comprises the Argentine Network for International Cooperation (RACI), Predistribution Initiative (PDI), Rights CoLab, the Southern Centre for Inequality Studies (SCIS), and now the UNDP.
  • Each of these organizations has experience working with a variety of stakeholder groups, including investors, to address inequality.
  • The Interim Secretariat continues to evaluate opportunities to integrate diverse representation into the governance of the framework.
  • UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality, and climate change.

Regulations mandating climate-risk disclosures are required to improve reporting: ISF report

Retrieved on: 
木曜日, 10月 27, 2022

The report finds the following key areas for improvement:

Key Points: 
  • The report finds the following key areas for improvement:
    Improve the breadth of climate-related reporting in Canada.
  • Improve the quality of climate-related reporting, which is mediocre on average among the companies that do provide such information.
  • Address issues regarding the education and leadership that illustrate the importance of such disclosures, with an increased emphasis on best practices.
  • By aligning financial knowledge and tools with climate change imperatives, the ISF will foster Canadas leadership in the shift to a low-carbon global economy.

Temenos Launches Carbon Emissions Calculator on Temenos Banking Cloud

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火曜日, 10月 25, 2022

Temenos (SIX: TEMN) today announced the availability of a carbon emissions calculator one of the industrys first - giving its customers deeper insight into carbon emissions data associated with their consumption of Temenos Banking Cloud services.

Key Points: 
  • Temenos (SIX: TEMN) today announced the availability of a carbon emissions calculator one of the industrys first - giving its customers deeper insight into carbon emissions data associated with their consumption of Temenos Banking Cloud services.
  • The calculator leverages the data provided by Microsoft Cloud for Sustainability Emission Impact Dashboard services, to report carbon emissions metrics.
  • The emissions calculator is embedded into the Temenos Banking Cloud client portal.
  • This enables banks to quantify the carbon impact annually from their Temenos Banking Cloud subscription, as well as see estimated carbon savings from running their workloads in the cloud vs. on-premises datacenters.

Canadian securities regulators consider impact of international developments on proposed climate-related disclosure rule

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水曜日, 10月 12, 2022

The ongoing assessment of key international climate-related rule proposals is intended to inform a CSA rule that serves the needs of Canadian capital markets, has considered international consensus, responds to Canadian investor needs, and reflects the realities of Canadian issuers.

Key Points: 
  • The ongoing assessment of key international climate-related rule proposals is intended to inform a CSA rule that serves the needs of Canadian capital markets, has considered international consensus, responds to Canadian investor needs, and reflects the realities of Canadian issuers.
  • Since publication of the CSA's proposed climate-related disclosure rule, important international developments have occurred.
  • The International Sustainability Standards Board (ISSB) also published a proposed general standard for the disclosure of sustainability-related financial information as well as a proposed specific climate-related disclosure standard.
  • The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

Impakt IQ Launches Industry-Leading ESG Intelligence & Scoring Tool in Deployment Partnership with Accounting & Business-Consulting Firm Sensiba San Filippo

Retrieved on: 
水曜日, 9月 21, 2022

SAN FRANCISCO, Sep. 21, 2022 /PRNewswire-PRWeb/ -- Impakt IQ (IIQ), an industry-leading ESG Intelligence Tool and consulting firm is pleased to announce their deployment partnership with Sensiba San Filippo LLP (SSF), a West Coast accounting and business-consulting firm.

Key Points: 
  • Impakt IQ's ESG Intelligence & Scoring tool aligns with the world's leading ESG and sustainability standards, including SASB, TCFD, and ISSB
    SAN FRANCISCO, Sep. 21, 2022 /PRNewswire-PRWeb/ -- Impakt IQ (IIQ), an industry-leading ESG Intelligence Tool and consulting firm is pleased to announce their deployment partnership with Sensiba San Filippo LLP (SSF), a West Coast accounting and business-consulting firm.
  • This toolkit connects all leaders of an organization, creating cross-functional awareness and holistic insight into ESG risks, opportunities, and value creation.
  • "All the pieces of the puzzle now exist, and we are excited to be scaling the Impakt IQ ESG Intelligence tool 3.0 with SSF as a next step.
  • "Accounting firms have been measuring and calculating risk from a business's financial data forever," says John Sensiba, managing partner of Sensiba San Filippo.

Sensiba San Filippo and Impakt IQ Partner to Launch ESG Assessment Tool

Retrieved on: 
水曜日, 9月 7, 2022

PLEASANTON, Calif., Sept. 7, 2022 /PRNewswire/ -- Sensiba San Filippo LLP (SSF), a West Coast accounting and business-consulting firm, and Impakt IQ (IIQ), a leading environmental, social, and governance (ESG) assessment, reporting and intelligence tool, are excited to announce an exclusive deployment partnership to connect the dots between ESG opportunities and risk, and their impacts to an organization's bottom-line performance.

Key Points: 
  • The Impakt IQ approach is a systems-based process that stands on the shoulders of 15+ years of experience, knowledge, and demonstrated profitable results.
  • The Impakt IQ tool addresses a company's ESG blind spots and provides insight into ESG impacts, allowing executives to leverage this intelligence to make informed business decisions.
  • The Impakt IQ report and toolkit is to ESG what a Financial Report is to finance.
  • "All the pieces of the puzzle now exist, and we are excited to be scaling the Impakt IQ ESG Intelligence tool 3.0 with SSF.

The IIA Responds to ISSB's Exposure Drafts on Climate- and Sustainability-Related Disclosures

Retrieved on: 
金曜日, 8月 19, 2022

LAKE MARY, Fla., Aug. 19, 2022 /PRNewswire/ -- In two letters to the International Sustainability Standards Board (ISSB) Chairman Emmanuel Faber, and Vice-chair Sue Lloyd, The Institute of Internal Auditors (IIA) - the internal audit profession's leader in standards, certification, education, research, and technical guidance worldwide - applauded the ISSB's initiative to expose for public comment two draft proposals concerning sustainability-related and climate-related disclosures.

Key Points: 
  • A common theme in both letters was the need for uniformity, consistency, and cross-comparability of disclosures.
  • The IIA also emphasized the vital role that internal audit can play in supporting organizations to identify, manage, and mitigate sustainability- and climate-related risks.
  • In letters one and two , the Institute also shared relevant IIA studies, white papers, and reports on internal audit's leadership role in such disclosures.
  • They include:
    Organizations' preparedness for climate change: an internal audit perspective : The role of internal audit in relation to climate-related risks.

New From Bloomberg Law: ESG Resources for Technology & Financial Services Companies

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月曜日, 8月 15, 2022

ARLINGTON, Va., Aug. 15, 2022 /PRNewswire/ -- Bloomberg Law today announced two new Practical Guidance toolkits intended to provide guidance around ESG issues applicable to companies in the technology and financial services sectors.

Key Points: 
  • ARLINGTON, Va., Aug. 15, 2022 /PRNewswire/ -- Bloomberg Law today announced two new Practical Guidance toolkits intended to provide guidance around ESG issues applicable to companies in the technology and financial services sectors.
  • The Technology Industry ESG Toolkit provides tailored guidance for sub-industries within the technology sector including software & IT services, technology manufacturing, and internet media & telecom.
  • The Financial Services Industry ESG Toolkit provides tailored guidance for sub-industries within the financial services industry including asset management, commercial banks, and investment banks; consumer finance; security and commodity exchanges; and insurance companies.
  • "Bloomberg Law's ESG Toolkits for the financial services and technology industries are the beginning of a larger effort to provide industry-specific ESG guidance in the coming months and years," said Alex Butler, vice president of content and analysis, Bloomberg Law.

Good.Lab Releases ESG Materiality Assessment Software Tool

Retrieved on: 
木曜日, 8月 11, 2022

SAN FRANCISCO, Aug. 11, 2022 /PRNewswire-PRWeb/ -- Good.Lab, an Environmental, Social, and Governance (ESG) data software company, has announced the launch of a Materiality Assessment Tool as part of its ESG performance software. The Materiality Assessment tool enables organizations to quickly identify and prioritize among numerous ESG topics and is considered a critical first step in successfully launching an ESG strategy.

Key Points: 
  • Good.Lab Releases Materiality Assessment Module as part of its Environmental, Social, and Governance (ESG) Performance Software
    SAN FRANCISCO, Aug. 11, 2022 /PRNewswire-PRWeb/ -- Good.Lab , an Environmental, Social, and Governance (ESG) data software company, has announced the launch of a Materiality Assessment Tool as part of its ESG performance software.
  • The Materiality Assessment tool enables organizations to quickly identify and prioritize among numerous ESG topics and is considered a critical first step in successfully launching an ESG strategy.
  • Good.Lab's ESG Performance Software, which includes the new Materiality Assessment module, empowers companies in all stages of ESG maturity from those just activating an ESG program, to companies looking to accelerate their efforts, on to those wanting to improve their ESG performance though a quantitative, data-driven methodology that aligns with common frameworks, such as ISSB, SASB and GRI.
  • Learn more about Good.Lab's Software & Materiality Assessment: https://getgoodlab.com/solutions/esg-materiality-assessment/
    Good.Lab was started to create a more equitable and sustainable economy by unleashing the power of Environmental, Social and Corporate Governance (ESG) data.

More Companies Obtaining Independent Assurance on Sustainability Data, According to Global Study by IFAC, AICPA & CIMA

Retrieved on: 
月曜日, 8月 1, 2022

When it comes to ESG assurance, 82% of engagements were limited in scope in 2020, essentially the same as in 2019 (83%).

Key Points: 
  • When it comes to ESG assurance, 82% of engagements were limited in scope in 2020, essentially the same as in 2019 (83%).
  • Some 61% of assurance engagements were performed by audit firms on a global basis, a slight decline from the previous year (63%).
  • Jurisdictions with some of the highest rates of assurance performed by professional accountants include Australia, France, Italy, Germany and Spain.
  • On the reporting side, the study found 92% of global companies provided some ESG data to investors, either through integrated, annual or standalone reports.