ISSB

ESG Experts Say Corporate GHG Emissions, Environmental Impact Priority for Disclosure Framework

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火曜日, 12月 14, 2021
Software, Technology, Data Management, Benchmark, COP26, Solution, LinkedIn, Biophysical environment, ESG, Social Security Government Pension Offset, Time, EHS, Intention, Risk, CEO, ISSB, Global Partners, Climate, Culminating project, Etra, New Jersey, Program, Disclosure, ROI, Founder, Digital, International Sustainability Alliance, Compliance, Carbon, Lithium, Social

Benchmark Digital (Benchmark), a leading provider of cloud-based Environmental, Social and Governance (ESG) software solutions, last week convened its second ESG Executive Collaboration Forum, where ESG professionals discussed how investment-grade data regarding corporate climate-alignment and environmental stewardship are increasingly important for ESG disclosures.

Key Points: 
  • Benchmark Digital (Benchmark), a leading provider of cloud-based Environmental, Social and Governance (ESG) software solutions, last week convened its second ESG Executive Collaboration Forum, where ESG professionals discussed how investment-grade data regarding corporate climate-alignment and environmental stewardship are increasingly important for ESG disclosures.
  • Speakers also discussed best practices for generating and disclosing data aligning with multiple voluntary disclosure frameworks, which increasingly climate-focused ESG investors and lenders consult to guide their investment decisions.
  • The formation of the International Sustainability Standards Board (ISSB) at COP26 is a clear indication of the momentum.
  • Benchmark ESG (the next generation of Gensuite) enables companies to implement robust cross-functional Environmental, Social, and Governance (ESG) Solutions locally, globally and across diverse operating profiles.

BlueMark and Morgan Lewis Publish Whitepaper for Sustainable Investors on Best Practices for Complying with Financial Regulations and Aligning with Industry Standards

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水曜日, 12月 15, 2021
Instagram, Pressure, LinkedIn, Lawyer, Private law, IFRS, WeChat, Industry, Localization Industry Standards Association, SFDR, Financial regulation, PRI, ISSB, International, IMP, GRI, Disclosure, Twitter, Classification, International Sustainability Alliance, Morgan Lewis, Compliance, Risk management, Financial adviser, Medical device, Facebook

This is the main conclusion of a new whitepaper, "Making Sense of Sustainable Investing: How Asset Managers Can Comply with Financial Regulations and Align with Industry Standards," co-authored by BlueMark, a provider of impact verification services, and Morgan Lewis, a global law firm.

Key Points: 
  • This is the main conclusion of a new whitepaper, "Making Sense of Sustainable Investing: How Asset Managers Can Comply with Financial Regulations and Align with Industry Standards," co-authored by BlueMark, a provider of impact verification services, and Morgan Lewis, a global law firm.
  • The growing convergence between financial regulations and industry standards provides a basis for how asset managers should evaluate and refine their sustainable investing practices.
  • "Voluntary industry standards have played a critical role in shaping best practices for sustainable investors as the industry has matured," said Sarah Gelfand, Managing Director at BlueMark.
  • BlueMark draws on a range of industry standards, frameworks and regulations for its verification methodology, including GRI, IMP, OPIM, PRI, SDG Impact, and SFDR.

The Value Reporting Foundation Publishes Integrated Thinking Principles and Updated SASB Standards for Three Industries

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月曜日, 12月 6, 2021
Standard, CEO, IFRS Foundation, Foundation, ABN AMRO, ABN, Asset management, Industry, Decision-making, International Sustainability Alliance, Systemic risk, ISSB, GLOBE, AMRO, Principle, Value, Waste management, Feedback, Metal, Life, Integration, Risk management, Management

As we prepare for this consolidation, we continue to advance work on our three key resources: the Integrated Thinking Principles, Integrated Reporting Framework and SASB Standards.

Key Points: 
  • As we prepare for this consolidation, we continue to advance work on our three key resources: the Integrated Thinking Principles, Integrated Reporting Framework and SASB Standards.
  • The Value Reporting Foundations prototype Integrated Thinking Principles (Principles) are designed to be embedded into an organizations business model and applied across key activities overseen by the board and managed by the senior leadership team.
  • Following a rigorous due process involving industry consultation, public comment period and approval by the SASB Standards Board, the Value Reporting Foundation also announced updates to three industry Standards.
  • The resources including Integrated Thinking Principles, the Integrated Reporting Framework and SASB Standards are already adopted in over 70 countries.

The SASB Investor Advisory Group (IAG) Welcomes Formation of The International Sustainability Standards Board (ISSB)

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木曜日, 11月 18, 2021
Lorgen, North America, Disclosure, CEO, Climate Disclosure Standards Board, IFRS Foundation, CalSTRS, ESG, Group, Decision-making, International Sustainability Alliance, SAN, Wellington Management Company, CDP, History, ISSB, Letter, GLOBE, Trustee, H. B. Ailman House, Value, Integration, IAG, Pension fund, Cryptocurrency, Renewable energy

SAN FRANCISCO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- The SASB Standards Investor Advisory Group (IAG) leading institutional investors that work towards improved environmental, social and governance (ESG) disclosurehas announced its support for the creation of the International Sustainability Standards Board (ISSB) by the IFRS Foundation.

Key Points: 
  • SAN FRANCISCO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- The SASB Standards Investor Advisory Group (IAG) leading institutional investors that work towards improved environmental, social and governance (ESG) disclosurehas announced its support for the creation of the International Sustainability Standards Board (ISSB) by the IFRS Foundation.
  • Wellington Management Company recently joined the IAG, bringing the Group to 62 members representing 12 countries and more than $52 trillion in assets.
  • This will involve complete consolidation of the Climate Disclosure Standards Board (CDSBan initiative of CDP) and the Value Reporting Foundation (which houses the Integrated Reporting Framework and the SASB Standards) by June 2022.
  • The resources including Integrated Thinking Principles, the Integrated Reporting Framework and SASB Standards are already adopted in over 70 countries.

Global Compliance Survey Highlights Convergence of Environmental, Social and Governance (ESG) and Compliance Programs

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火曜日, 11月 16, 2021
Environment, Technology, Human Resources, Professional Services, Philanthropy, Software, Training, Other Philanthropy, Education, U.S. Securities and Exchange Commission, Compliance, Value, Organization, International Sustainability Alliance, OnePoll, BC, Risk, Water, Sustainability Accounting Standards Board, Growth, International, ESG Solutions, IFRS, Solution, Program, CDP, GRI, Twitter, Structured Product Labeling, ESG, Confusion, Disclosure, LinkedIn, Blog, SEC, Climate Disclosure Standards Board, Integration, ISSB, Audit, Financial adviser, Lithium, Online gambling

The vast majority (89%) of respondents include ESG reporting as part of their organizations compliance program, illustrating a swift convergence of ESG and compliance functions within organizations today.

Key Points: 
  • The vast majority (89%) of respondents include ESG reporting as part of their organizations compliance program, illustrating a swift convergence of ESG and compliance functions within organizations today.
  • Accountability for ESG reporting is currently held with compliance (43%), finance (21%), multiple departments (15%), a dedicated ESG department (9%) and legal (7%).
  • This closely reflects where most respondents believe ESG reporting accountability should lie with 42% favoring the compliance department, followed by finance (21%).
  • Organizational ESG reporting concentrates on environmental factors, demonstrating the need for growth in ESGs social and governance aspects.

Benchmark Digital Partners Announces Support for the Task Force on Climate-related Financial Disclosures

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木曜日, 11月 11, 2021
Software, Networks, Professional Services, Internet, Data Management, Technology, Other Policy Issues, Environment, Security, Finance, Public Policy, Government, Consulting, Telecommunications, Benchmark, Social Security Government Pension Offset, Compliance, Climate change, Chair, FSB, International Sustainability Alliance, Bloomberg, Culture, Organization, CEO, Bloomberg Philanthropies, EHS, Founder, Insurance, Strategic planning, Task force, Solution, Biophysical environment, Presidential Task Force on the Auto Industry, Finance, Financial Stability Board, Risk management, ESG, Disclosure, Awareness, Climate, Bloomberg L.P., ROI, Climate Disclosure Standards Board, ISSB, Renewable energy, Online shopping

As part of its ongoing efforts to leverage data to combat the climate crisis, Benchmark Digital Partners LLC today joined over 2,500 organizations in declaring its support for the Task Force on Climate Related Financial Disclosures.

Key Points: 
  • As part of its ongoing efforts to leverage data to combat the climate crisis, Benchmark Digital Partners LLC today joined over 2,500 organizations in declaring its support for the Task Force on Climate Related Financial Disclosures.
  • We believe climate-related financial disclosures, and the data that enables them, are critical for adapting to and helping reverse the climate crisis, said R Mukund, CEO and Founder of Benchmark Digital.
  • For more information about the Task Force on Climate-related Financial Disclosures, please visit www.fsb-tcfd.org .
  • On December 4, 2015, the Financial Stability Board (FSB) established the industry-led Task Force on Climate-related Financial Disclosures (TCFD) with Michael R. Bloomberg as Chair.

What an International Sustainability Standards Board means for Canada

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火曜日, 11月 9, 2021
Josef Waitzer, Independent Review Committee, ISSB, Review, Thought, Sustainability, Centre for International Sustainable Development Law, ESG, Oil, Audit

TORONTO, Nov. 9, 2021 /CNW/ -The need for a Canadian Sustainability Standards Board is clearer than ever, says Edward J. Waitzer, Chair of the IndependentReview Committee on Standard Setting in Canada.

Key Points: 
  • TORONTO, Nov. 9, 2021 /CNW/ -The need for a Canadian Sustainability Standards Board is clearer than ever, says Edward J. Waitzer, Chair of the IndependentReview Committee on Standard Setting in Canada.
  • The need for a Canadian Sustainability Standards Board is clearer than ever.
  • "As a result, we think it is critical to establish a Canadian Sustainability Standards Board that works alongside Canada's existing accounting, auditing, and assurance standards bodies."
  • A Canadian Sustainability Standards Board will also liaise with the new ISSB, ensuring that the Canadian perspective is part of international decision making.

Montreal's selection as an office for International Sustainability Standards Board applauded: CPA Canada

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水曜日, 11月 3, 2021
IFRS Foundation, GAAP, New Board, Government of Canada, Organization, History, Decision-making, Achievement, Centre for International Sustainable Development Law, CEO, Board, ISSB, CPA Canada, Tourism

TORONTO, Nov. 3, 2021 /CNW/ -Chartered Professional Accountants of Canada (CPA Canada) welcomes the IFRS Foundation's decision to establish an office of the International Sustainability Standards Board (ISSB) in Montreal, Quebec.

Key Points: 
  • TORONTO, Nov. 3, 2021 /CNW/ -Chartered Professional Accountants of Canada (CPA Canada) welcomes the IFRS Foundation's decision to establish an office of the International Sustainability Standards Board (ISSB) in Montreal, Quebec.
  • Once officially launched, the new Board will develop a much-needed set of global standards for reporting on environmental, social and governance matters.
  • Canada has a solid track record of working with global institutions on sustainability and standard setting, including the IFRS Foundation.
  • Chartered Professional Accountants of Canada (CPA Canada) works collaboratively with the provincial, territorial and Bermudian CPA bodies, as it represents the Canadian accounting profession, both nationally and internationally.

More Than Half of S&P Global 1200 Now Disclose Using SASB Standards

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水曜日, 9月 22, 2021
Disclosure, Integration, FTSE, ISSB, International Sustainability Alliance, CEO, S&P Global 1200, SAN, Value, Traction, Index, GLOBE, Risk management

LONDON and SAN FRANCISCO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- The Value Reporting Foundation today announced that more than half of the companies in the S&P Global 1200 index, which captures approximately 70% of global market capitalization, use SASB Standards in their external communications to investors.

Key Points: 
  • LONDON and SAN FRANCISCO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- The Value Reporting Foundation today announced that more than half of the companies in the S&P Global 1200 index, which captures approximately 70% of global market capitalization, use SASB Standards in their external communications to investors.
  • Adoption and use of the SASB Standards by businesses around the world is growing rapidly, with nearly 1,300 businesses now reporting using the SASB Standards.
  • The number of SASB Standards reporters increased 215% between 2020 and 2021 and 375% between 2019 and 2020.
  • SASB Standards are continuing to rapidly gain traction worldwide, across a range of markets, as illustrated by SASB reporters in each of the major indices that compose the S&P Global 1200.