Sustainability Accounting Standards Board

GRI and SASB reporting ‘complement each other’

Thursday, April 8, 2021 - 3:48pm

Therefore, I welcome the findings of this research, showing that GRI and SASB reporting are complementary.

Key Points: 
  • Therefore, I welcome the findings of this research, showing that GRI and SASB reporting are complementary.
  • The GRI and SASB Standards have unique and complementary roles within a global and comprehensive corporate reporting system.
  • Harriet Howey, Global Non-Financial Reporting and ESG Lead, Diageo
    I look at SASB as if it's a subset of information that's already within GRI.
  • Hilary Schumacher, Sustainability Reporting Advisor, Suncor Energy
    We created a blended reporting framework that combines GRI, IIRC, SDG and SASB standards.

Closure Systems International Taps ESG Strategist as New Global Sustainability Lead

Thursday, April 8, 2021 - 3:00pm

Closure Systems International (CSI) announced that Jenna Rowe has joined the company in the newly created position of Global Sustainability Lead.

Key Points: 
  • Closure Systems International (CSI) announced that Jenna Rowe has joined the company in the newly created position of Global Sustainability Lead.
  • Rowe is an experienced environmental, social, governance (ESG) professional with extensive global expertise working with companies and investors to develop growth strategies which also drive sustainability outcomes.
  • Rowe is responsible for the development and implementation of Closure Systems Internationals sustainability strategy, goals, and reporting.
  • Closure Systems International Inc. (CSI) is a global leader in designing and manufacturing innovative closures for a wide range of applications in consumer and industrial markets.

GOGL – 2020 Annual ESG Report

Wednesday, April 7, 2021 - 3:34pm

Golden Ocean Group Ltd (OSE/NYSE: GOGL) today released its third annual ESG Report.

Key Points: 
  • Golden Ocean Group Ltd (OSE/NYSE: GOGL) today released its third annual ESG Report.
  • As for previous years, the 2020 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB), the disclosure requirements of the UN Global Compact as well as reporting guidelines for NASDAQ/Euronext stock exchanges.

Nokia’s sustainability report highlights 1.5 degree climate commitment and 6.6 billion subscriptions

Wednesday, April 7, 2021 - 9:00am

Espoo, Finland Nokia has released its annual sustainability report, People and Planet 2020, revealing it has exceeded its target to enable 6.5 billion subscriptions two years ahead of schedule.

Key Points: 
  • Espoo, Finland Nokia has released its annual sustainability report, People and Planet 2020, revealing it has exceeded its target to enable 6.5 billion subscriptions two years ahead of schedule.
  • The report presents Nokias position, achievements and requirements in sustainable development and corporate responsibility and is prepared in accordance with the GRI Standards.
  • It is also aligned with other sustainability reporting frameworks, such as SASB and the UN Global Compact.
  • The key sustainability indicators have been assured by Nokias independent auditor, Deloitte.

HKIoD Releases Revised Guide for INEDs

Wednesday, April 7, 2021 - 1:58am

To provide up-to-date practice guidance, The Hong Kong Institute of Directors ("HKIoD") releases a complete revision of one of its flagship publications, Guide for Independent Non-Executive Directors ("the Guide").

Key Points: 
  • To provide up-to-date practice guidance, The Hong Kong Institute of Directors ("HKIoD") releases a complete revision of one of its flagship publications, Guide for Independent Non-Executive Directors ("the Guide").
  • "While listed companies are mandated by Listing Rules to appoint INEDs to the board, non-listed companies may introduce diversity in perspectives on the board by appointing INEDs."
  • One important emphasis of the Guide is on corporate sustainability through ESG adoption and reporting led by the board, with INEDs serving as catalyst.
  • The HKIoD Guide for Independent Non-Executive Directors can be downloaded for free and nominations of candidates for Directors Of The Year Awards 2021 are welcomed.

Tyler Technologies Releases 2020 Corporate Responsibility Report

Tuesday, April 6, 2021 - 2:17pm

Tyler Technologies, Inc. (NYSE: TYL) announced today it has released the companys second annual corporate responsibility report .

Key Points: 
  • Tyler Technologies, Inc. (NYSE: TYL) announced today it has released the companys second annual corporate responsibility report .
  • The events of 2020 are reflected in Tylers growing commitment to corporate responsibility, and we are proud to showcase our accomplishments in this years report.
  • Tylers other notable achievements included in the corporate responsibility report include:
    Tylers corporate responsibility report references recognized frameworks including the Sustainability Accounting Standards Board (SASB) Standards and Global Reporting Initiative (GRI) reporting standards.
  • The 2020 corporate responsibility report can be accessed on the Corporate Responsibility page and in the Investor section of Tylers website.

MUFG Investor Services Launches ESG Transparency Reporting

Tuesday, March 30, 2021 - 2:00pm

MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, today announced the launch of its ESG Reporting solution, further underpinning MUFGs commitment to providing ESG services to solve the complex challenges of both clients and investors.

Key Points: 
  • MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, today announced the launch of its ESG Reporting solution, further underpinning MUFGs commitment to providing ESG services to solve the complex challenges of both clients and investors.
  • As clients navigate new ESG opportunities and challenges, its increasingly important to have fundamental reporting and processes in place to encourage industry excellence, said John Sergides, CEO at MUFG Investor Services.
  • Todays launch is another important step in the future of ESG reporting and KPMG joins them in supporting the importance of ESG in the financial services industry.
  • MUFG Investor Services currently provides administration services for over 2,614 funds across all investment strategies, asset types and fund structures with over $705 billion in assets under administration.

Sber publishes 2020 Annual Report including ESG reporting

Wednesday, March 24, 2021 - 7:01am

Sber's Annual Report meets the requirements of the Russian and international regulators, LSE listing rules, and GRI and SASB standards

Key Points: 
  • Sber's Annual Report meets the requirements of the Russian and international regulators, LSE listing rules, and GRI and SASB standards
    March 23, 2021, Moscow - Sber has published its 2020 Annual Report, which was compiled following the requirements of the Russian legislation, information disclosure regulations of the UK financial watchdog, and London Stock Exchange listing rules.
  • Sber's 2020 Annual Report consists of two parts, that of the top executives and ESG reporting.
  • The ESG report has been prepared in compliance with Global Reporting Initiative (GRI) Standards for accountability in sustainable development.
  • The 2020 Annual Report is included in the materials for the Annual General Meeting of shareholders and will be submitted for its approval on April 23, 2021.

Rexnord Corporation Publishes 2020 Sustainability Report and Launches Updated ESG Website

Thursday, March 18, 2021 - 10:55pm

Rexnord Corporation (NYSE:RXN) published today its 2020 Sustainability Report , which uses the Sustainability Accounting Standards Board (SASB) framework to report the companys environmental, social and governance (ESG) strategies and performance for the year.

Key Points: 
  • Rexnord Corporation (NYSE:RXN) published today its 2020 Sustainability Report , which uses the Sustainability Accounting Standards Board (SASB) framework to report the companys environmental, social and governance (ESG) strategies and performance for the year.
  • The company has also updated its Sustainability website to highlight the work it has done and will continue to do to help empower and protect people, communities and the planet.
  • Key highlights from Rexnords sustainability efforts in 2020 include:
    Governance: Rexnord enhanced and strengthened the companys overarching ESG strategy establishing Board-level oversight and a cross-functional, management-level ESG steering committee.
  • For more information on Rexnords 2020 ESG efforts, please visit the Sustainability website , as well as Rexnords 2020 Sustainability Report .

DGAP-News: Corestate develops system for handling complex climate risks in real estate investments

Thursday, March 18, 2021 - 7:00am

This enables analyses of climate risks and options for action to reduce CO2 emissions as early as the purchase of buildings.

Key Points: 
  • This enables analyses of climate risks and options for action to reduce CO2 emissions as early as the purchase of buildings.
  • Justus Wiedemann, Group Sustainability Officer at Corestate: "Climate change and climate policy are having an increasing impact on the real estate sector and are often the decisive factor in the management of real estate portfolios that determines the success or failure of the investment.
  • With the new system, Corestate is also able to provide investors with crucial quantitative information on sustainability and ESG compliance when assessing the purchase of real estate.
  • Scenario analyses on the impact of climate policy and climate change in the real estate sector make sustainability risks transparent and allow necessary hedging and measures to be identified at an early stage."