The Story: California has delayed full enforcement of its climate reporting requirements, originally set to begin in 2026. The California Air Resources Board (CARB) announced it would use “enforcement discretion,”...
A new EY Institutional Investor Survey highlights growing skepticism and inaction within the investment community regarding ESG (Environmental, Social, and Governance) priorities. Investors wary of ESG reporting The survey of...
The Swiss Federal Council has launched a consultation on proposed updates to its sustainability-related disclosure rules, aimed at aligning with international developments and Switzerland’s climate targets. The consultation, initiated during...
Why it matters: Corporate sustainability efforts are falling short due to internal and external barriers, according to ERM’s Sustainability Transformation Survey. Overcoming these obstacles is vital for achieving ambitious ESG...
Why it matters: The EU’s Corporate Sustainability Reporting Directive (CSRD) is reshaping sustainability reporting, requiring detailed ESG disclosures aligned with European Sustainability Reporting Standards. Many businesses are struggling to meet...
Companies racing to meet the EU’s Corporate Sustainability Reporting Directive (CSRD) requirements are now facing an added layer of complexity as the rule is set to be re-opened and potentially...
The UN-convened Net-Zero Asset Owner Alliance (NZAOA) is calling for mandatory regulatory mandates to address persistent challenges in Scope 3 emissions disclosure, which account for up to 75% of most...
A PwC Luxembourg report reveals that 55% of FY2024 companies foresee challenges in maintaining data quality and consistency as they prepare for Corporate Sustainability Reporting Directive (CSRD) compliance. The directive...
EU Taxonomy FAQ: A Step Towards Usability The European Commission released a comprehensive FAQ document to aid in implementing the EU Taxonomy, its sustainability classification system. Aimed at reducing administrative...
Singapore has solidified its leadership in sustainability reporting, surpassing global benchmarks in six of twelve key indicators, according to KPMG’s 2024 Survey of Sustainability Reporting. The city-state is one of...
Key Takeaways: SGS has unveiled three essential services designed to support organizations in complying with the Corporate Sustainability Reporting Directive (CSRD) and advancing their Environmental, Social, and Governance (ESG) disclosures....
The move to mandatory reporting: KPMG Survey of Sustainability Reporting 2024 With mandatory sustainability reporting on the horizon, KPMG’s latest survey reveals a remarkable surge in global businesses integrating ESG...
Op-Ed By: Bailey Church: Partner, Accounting Advisory Services at KPMG Canada The public sector needs to lead by example in Canada’s adoption of sustainability reporting. The extreme weather events in...
Rising ESG Challenges for Canadian CEOs According to KPMG’s 2024 CEO Outlook, Canadian executives are placing sustainability at the forefront, driven by extreme weather events, disruptive technologies, regulatory changes, and...
Deloitte and Workiva Expand Sustainability Compliance Tools Deloitte and Workiva have launched four new ESG accelerators aimed at simplifying regulatory compliance under the European Union’s Corporate Sustainability Reporting Directive (CSRD)....
The International Sustainability Standards Board (ISSB), under the IFRS Foundation, has published a new guide to aid companies in identifying and disclosing material information related to sustainability risks and opportunities....
At COP29, the International Organization for Standardization (ISO) unveiled new ESG Implementation Principles to help organizations navigate the complex Environmental, Social, and Governance (ESG) landscape. These guidelines aim to simplify...
CDP and the Global Reporting Initiative (GRI) have strengthened their partnership to enhance environmental reporting. This new step, formalized through a Memorandum of Understanding (MoU) signed at the COP29 Climate...