ISSB to bring 'substantial costs' to companies, but could lower cost of capital
Applying the standards proposed by the International Sustainability Standards Board (ISSB) could bring "substantial" costs to preparers of the information, but also potential benefits such as a lower cost of capital.
'New era' for sustainability reporting as IFRS unveils standards
Standards that can provide a "common language" for sustainability-related disclosures have been published, "ushering in a new era" for companies and investors globally, according to the International Financial Reporting Standards (IFRS) Foundation.
Resolve 'worrying' inconsistencies in EU reporting regimes, says PGGM
The EU must resolve "inconsistencies" between its reporting requirements for corporates and financial institutions, according to a senior executive at PGGM.
Aegon defends ESRS materiality assessments
Aegon has defended the proposed introduction of a requirement for companies to assess for themselves which sustainability-related information they must disclose under EU rules.
EU draft disclosure rules risk undermining SFDR, investor group warns
An investor group has criticised the perceived weakening of draft European Sustainability Reporting Standards (ESRS) published by the European Commission, which the group warned would undermine investors' ability to meet their own reporting obligations.
CA100+ second phase targets greater transparency following criticism
The landmark Climate Action 100+ (CA100+) initiative to pressure high-emitting companies to take climate action has announced a spate of reforms targeted at increasing transparency and driving more tangible outcomes.
UBS: EU's Corporate Sustainability Due Diligence Directive is complex and challenging
The EU's proposed Corporate Sustainability Due Diligence Directive will be "very complicated" for companies to comply with, UBS has warned.
Railpen welcomes proposed tightening of UK Corporate Governance Code
Pension fund Railpen has welcomed potential changes to the UK Corporate Governance Code to bolster the role of sustainability and ESG reporting in the responsibilities of company board and audit committees.
European Commission to widen scope of materiality assessment in first set of ESRS
The European Commission is set to release delegated acts with key amendments to EFRAG's proposed sustainability reporting standards which some have branded a 'victory for lobbyists'.
EF Sustainable Company Awards 2023 open for entries
Environmental Finance's Sustainable Company Awards 2023 are now open to entries.