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Explore critical reporting frameworks like IFRS S1, IFRS S2, and the EU Corporate Sustainability Reporting Directive (CSRD) in our latest on-demand Sustainability and ESG Executive Forum webinar. Request access to the webinar recording now and gain actionable insights on generating business value from sustainability programs: https://bit.ly/4bucTe9 #Sustainability #ESG #BenchmarkGensuite #IFRS #CSRD

Morning sessions at the IFRS Sustainability Symposium center around several important themes: #interoperability, #comparability, #consistency, and #reliability in data, reporting, and communications. Investors, regulators, and standards creators have presented and there is an impressive commitment to a global baseline standard that decreases fragmentation and increases efficiencies in #sustainability reporting. A global baseline is coming and we’re on our way. #IFRSSustainability24

🚀 GRI and IFRS Join Forces for Seamless Sustainability Reporting 🌍 Read more about this significant milestone in our latest article on ESG Voices! 🌱📊 https://lnkd.in/dyn8cRza The Global Reporting Initiative (GRI) and the IFRS Foundation are joining forces to deliver full interoperability in sustainability reporting. This collaboration aims to optimize how GRI and ISSB standards can be used together, providing a seamless, global, and comprehensive reporting system. Key leaders from both organizations emphasize the importance of transparency, consistency, and clarity in sustainability disclosures. This partnership will benefit both investors and a broad range of stakeholders, ensuring streamlined and robust sustainability reporting. #Sustainability #Reporting #GRI #IFRS #ISSB #ESG #SustainableDevelopment #CorporateReporting #Transparency #Stakeholders #Investors #SustainabilityStandards

The IFRS Foundation has launched two pivotal standards to revolutionize sustainability reporting: IFRS S1 and IFRS S2, effective from 2024. IFRS S1 sets out general requirements for sustainability-related disclosures, ensuring companies provide a consistent and comparable overview of their ESG activities. IFRS S2 focuses specifically on climate-related disclosures, compelling organizations to detail how climate change impacts their operations and financial planning. These standards aim to enhance the transparency and relevance of sustainability information, facilitating better investor decisions and encouraging more responsible corporate behaviors. #ClimateAction #ESGReporting

The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the International Sustainability Standards Board’s IFRS Sustainability Disclosure Standards and the European Sustainability Reporting Standards (ESRS) and how a company can apply both sets of standards, including detailed analysis of the alignment in climate-related disclosures. #CSRD #ESG #ESRS #sustainabilityinpractice #datamanagement #transparency #comparability #accountability https://lnkd.in/d_G3Qk4c

🌍 Just attended an insightful webinar on the Effective Implementation of IFRS Sustainability Disclosure Standards through Strategic Partnerships! The session emphasized the power of collaboration in achieving robust sustainability reporting and aligning with global standards. It was inspiring to see the role strategic partnerships can play in overcoming challenges, ensuring compliance, and enhancing transparency. Looking forward to applying these insights to foster sustainable practices and support clients in implementing these critical standards. #Sustainability #IFRS #StrategicPartnerships #SustainableFuture #Compliance #Transparency

In the latest episode of Beyond the Bottom-Line you’ll gain insights on how Canadian regulators are integrating the IFRS Sustainability Standards into regulatory frameworks. Learn how your organization can prepare for #ESG reporting. https://ow.ly/Q45Z30sAE5H #EYCanada

The new IFRS sustainability disclosure standard S1 requires companies to apply judgment in determining which sustainability matters are “material” enough for disclosure. Unlike financial reporting standards, no quantitative thresholds are given. Proponents argue a principles-based approach allows tailoring disclosures to companies’ unique risks. However, critics counter that this leads to cherry-picking risks to report on and wide variation between companies. Even companies in the same industry could have very different sustainability reports. A potential compromise is sector-specific quantitative guidelines while still permitting some flexibility. But questions remain about whether flexibility or consistency should rule the day as this nascent reporting arena matures. What do you think is the right approach for materiality judgments to achieve high-quality, decision-useful sustainability disclosures? #sustainability #ifrs #disclosures #sustainablebusiness

In the latest episode of Beyond the Bottom-Line you’ll gain insights on how Canadian regulators are integrating the IFRS Sustainability Standards into regulatory frameworks. Learn how your organization can prepare for #ESG reporting. https://ow.ly/tWe230sAE5B #EYCanada

Listening and learning at the IFRS Sustainability Symposium. Thinking about the future of reporting and beyond. When/if the goal of global standards are achieved what happens to stakeholders who are not investors? What is the impact on supply chain and employees, their connections to and participation in moving us all forward on all the priorities? I’m contemplating. Thoughts? #issb #ifrs #esgreporting #communications