Credible and comparable data is essential for building trust to drive effective capital reallocation and to attract new investments for scaling up sustainability efforts. In this article, CPA Canada's Pamela Steer, breaks down why nature-related reporting is business critical. Learn more: https://lnkd.in/gq6_tesd Chartered Professional Accountants of Canada (CPA Canada) #ESG
Responsible Investment Association’s Post
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#Environmental, #Social and #Governance ( #OECD) Sustainable finance is generally referred to as the process of considering environmental, social and governance factors when making investment decisions, leading to increased longer-term investments into sustainable economic activities and projects. Its growth has been driven by the desire of investors to have an environmental and social impact, along with the economic performance of investing. This growth is a response to a larger trend which saw many countries around the world to mobilise efforts to contribute to a global improvement. Now finance is taking its active position in trying to implement these concepts in the investing practice. The instrument that was born from this will is the Environmental, social, and governance (ESG) rating, from which #ESG Investing is developed. Environmental, social, and governance (“#ESG”) investing has evolved in recent years to meet the demands of institutional and retail investors, as well as certain public sector authorities, that wish to better incorporate long-term financial risks and opportunities into their investment decision-making processes to generate long-term value. Among the long-term factors environmental, social and governance categories can include controversies and downside risks that have the potential to erode equity value and increase credit risk over time. As such, it aims to combine better risk management with improved portfolio returns, and to reflect investor and beneficiary values in an investment strategy. In this respects, the investment community has come to consider ESG as an investment approach that seeks to incorporate greater and more consistent information regarding material environmental, social, and governance developments, risks and opportunities, into asset allocation and risk management decisions, so as to generate sustainable, long-term financial. However, at the present time, the extent to which the current ESG practices are sufficiently unlocking material information that is accessible and utilised by investors in an effective manner remains an open question. Notwithstanding the vital importance of the societal alignment of investments, the promise of sustainable finance for long-term value is the focus of this report. As such, it aims to contribute to a better understanding of the extent to which ESG investment processes and practices are contributing to strengthening transparency and market integrity, and are delivering intended results. #environment #social #governance #Investing #practices #progress #challenges #word #oecd John Galarani 🇧🇷🇧🇷🇧🇷🇧🇷 Compliance Officer Rio de Janeiro, July, 13 /2024.
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Be on Notice - And Inspired: It's inspiring that so many nations and companies globally are now implementing and complying with international sustainability standards/ESG. The past decade will be historically recognised and respected as the era when an Age of Sustainability was possible thanks to leaders who have committed and acted to futureproof their nation/company. Partcular congratulations to Australia for recently enacting the Australian Sustainability Reporting Standards. Whether your company is in category 1, 2 or 3 of these standards, all companies are effected if you are part of the value/supply chain of companies which are mandated to report and comply. If you're not rapidly adapting to the new sustainability standards, don't be surprised when your biggest customers pivot procurement to suppliers which are compliant so as to ensure they are/remain compliant. Good business today now relies on good business for tomorrow. #Sustainability #ClimateChange #ClimateAction #SustainableLiving #EcoFriendly #GreenLiving #SustainableDevelopment #CircularEconomy #ZeroWaste #RenewableEnergy #UnitedNations #UnitedNationsSDGs #GlobalGoals #SDGs #SustainableDevelopmentGoals #Agenda2030 #SDGAction #SDG13 #SDG7 #SDG6 #LeaveNoOneBehind #PeoplePlanetProsperity #CSR #CorporateResponsibility #SustainableBusiness #BusinessForGood #SocialImpact #ESG #EthicalBusiness #SustainabilityReporting #ESGInvesting #ResponsibleBusiness #NetZero #CarbonNeutral #ClimateNeutral #Decarbonization #LowCarbon #CarbonFootprint #EmissionReduction #CarbonOffset #ZeroEmissions #CarbonFree #EnvironmentalJustice #SocialJustice #ClimateJustice #EquityInAction #InclusiveSustainability #JustTransition #ClimateEquity #ProtectOurPlanet #ActNow #GreenFuture #Carbonaccounting #IFRS #GRI #ASRS #ISSB #TCFD #CSRD #SASB Competent Boards United Nations United Nations Global Compact (UNGC) Club, AUD Unitednations secretarygeneral Economist Intelligence: EIU ESG Book International Science Council IPCC
Australian sustainability reporting legislation and standards finalised
kpmg.com
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The evolving landscape of sustainability regulations in Asia underscores the region's increasing focus on environmental, social, and governance (ESG) principles. With governments across Asia prioritizing sustainability goals, there's a notable shift towards stricter regulations to ensure corporate compliance with ESG standards. This development highlights the significance of these regulations in driving sustainability efforts and fostering responsible business practices across industries in the region. This trend prompts reflections on the growing importance of ESG considerations in corporate decision-making and regulatory frameworks. It emphasizes the imperative for businesses operating in Asia to prioritize sustainability initiatives and adapt to evolving regulatory requirements to remain competitive and socially responsible. As discussions around sustainability gain momentum globally, this news underscores the significance of regulatory initiatives in shaping the future of sustainable business practices in Asia and beyond. #AsiaSustainability #ESGRegulations #ResponsibleBusiness
Asia advances sustainability-related finance taxonomies, disclosure rules & public-private partnerships in ESG - Thomson Reuters Institute
thomsonreuters.com
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🌱 A pain in the ASRS? Not with Watershed 🌱 The new Australian Sustainability Reporting Standards are set to reshape climate-related financial disclosures starting in 2025. At Watershed, we're fully prepared to help businesses navigate these changes, ensuring compliance with the latest regulations while driving sustainability initiatives forward. Learn more here: https://lnkd.in/gfepYtxB #Sustainability #Australia #ESG #Compliance #ClimateAction
Australian Sustainability Reporting Standards (ASRS)
watershed.com
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Sustainability and Governance Professional, Thought Leader, Chartered Accountant. SEVENTEENx speaker
Do you want to provide feedback on Australia's first Sustainability Reporting Standards? Then now is your opportunity. The Australian Accounting Standards Board has arranged outreach events across every state and territory in Australia, including regional locations, as well as two virtual sessions to hear your feedback on their Exposure Draft ED SR1 Australian Sustainability Reporting Standards – Disclosure of Climate-related Financial Information. For details of the events and to register, click on the link below: https://lnkd.in/dDhwRT-Y #climatedisclosures #australia #sustainabilityreporting
Outreach: Climate-related Financial Information Disclosure
aasb.gov.au
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Professor of Accounting at University of West of Scotland, UoA 17 Associate Lead for Environment & Research Culture , PhD lead co-ordinator in the Business School
Reporting is the key to achieve nature positive
Chair, Global Sustainability Standards Board; Board member; Emeritus Professor; Founding Editor, SAMPJ; Chair, ICAS Sustainability Committee
As we approach the first Global Nature Positive Summit in Sydney in October its worth reiterating the #GSSB view that the cumulative impacts of many organisations over time are relevant to all stakeholders including #investors. The Global Reporting Initiative (GRI) Biodiversity 101 Standard requires organisations to report their most significant impacts on #biodiversity and how those impacts are managed. This is critical to achieving Nature Positive and critical to long term investment. This table comes from an article by Sarah Morris Lang at BMO Global Asset Management posted two years ago by the Responsible Investment Association of Canada. https://lnkd.in/gSgyM5R9 It highlights the importance of reporting using both IFRS Foundation's sustainability-related financial Standards set by the International Sustainability Standards Board (ISSB) and Global Reporting Initiative (GRI) Standards set by the #GSSB in meeting the needs of all stakeholder including investors. The collaboration between our two organisations and our collaborations with the Taskforce on Nature-related Financial Disclosures (TNFD) will help ensure information needs are met (see https://lnkd.in/gANCbGqZ for details of the GRI/TNFD collaboration).
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Australian Sustainability Reporting Standard AASB S1 is a voluntary sustainability reporting standard coming into effect on January 1st 2025. An entity choosing to voluntarily adopt this Standard would disclose information on all sustainability-related risks and opportunities that could reasonably impact the entity’s cash flow, access to finance, or capital costs over the short, medium, or long term. Applying this standard of reporting will offer immense positive benefits locally and globally in terms of sustainability and climate risk management, market access and supply chain entry, and access to capital in an increasingly sustainability and climate risk averse investment and financial market. Future Shakers' Climate Risk and Reporting Masterclass will feature an in-depth overview on AASB S1 and General Requirements for the Disclosure of Sustainability Related Financial Information from Michelle Segaert, a Senior Partner at Dentons and ESG reporting legal specialist. Spaces selling fast, book now to reserve your place at this affordable and comprehensive intensive overview of the new Australian Sustainability Reporting Standards at Greenhouse Sydney on December 6th from 9:30am - 1:30pm including an exclusive networking lunch with fellow sustainability reporting practitioners and the Australian Accounting Standards Board. Find out more: https://lnkd.in/eCXp497Z And reserve your place: https://lnkd.in/gygGjC6H #ClimateRisk #SustainabilityReporting #ASRS #AustralianSustainabilityReportingStandards #ClimateRelatedDisclosure #FutureShakers #ClimateAction #GreenhouseSydney #AASB #IFRS #ISSB
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❓ Did you know? ⏭ The day before yesterday: European Wind and Wind Energy Day ⏭ Today: World Day to combat desertification and drought ❓ Who today can still question the importance of environnemental issues for the present and for future generations? 🌍 As the importance of Environmental, Social, and Governance (ESG) criteria continues to grow, our EFPA Luxembourg ASBL ESG certification offers you a significant competitive edge in today's dynamic financial market 🤩 ❔ Why choose the EFPA Luxembourg ASBL Luxembourg ESG Advisor Certification? ✅ Timely and relevant: This certification equips you with the expertise needed to navigate the increasing demands for sustainability and social responsibility. ✅ Simplified maintenance: Upon certification, you will no longer need to complete Continuing Professional Development (CPD) units to maintain your certification. ✅ Professional recognition: Join a prestigious network of certified experts and unlock new professional and business opportunities. ❔ What you will learn? ☑ Fundamental principles of ESG criteria and their application in investment strategies. ☑ How to assess and integrate ESG risks and opportunities into your financial analyses. ☑ Best practices for communicating ESG performance to clients and stakeholders. 📅 Join the next session planned for June, 28! 👉 To register now => https://lnkd.in/eYj_MsNj 🚀 Value yourself, get certified ! #esg #sustainablefinance #advisors #certification #vocationaleducation #planners #greenfinance #circulareconomy
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𝗡𝗲𝘄 𝘃𝗲𝗿𝘀𝗶𝗼𝗻 𝗕𝗡𝗚 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 A new version of the BNG Sustainable Finance Framework is now online available. The methodology of our framework has been left unchanged. In this new version we have included the latest BNG information and practices in the space of sustainability. ISS has provided a second party opinion on the version update. Download the BNG Sustainable Finance Framework on: https://lnkd.in/eFFTBt82 #sustainability #SustainableFinanceFramework
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