NAVIGATING THE REPORTING LANDSCAPE

The European Financial Reporting Advisory Group (EFRAG) has released the Exposure Drafts for European Sustainability Reporting Standards (ESRS), a key component of the Corporate Sustainability Reporting Directive (CSRD) relevant for the European Union (EU). Read our 3 minute update.

Sustainability reporting news is coming in thick and fast, so we have put together a short briefing on all the moving parts from the last month. Read our summaries of events from the EU, USA, IFRS and TNFD, as well as our own reporting roundtable with HRH The Prince of Wales.

A4S welcomes the International Sustainability Standards Board (ISSB) Exposure Drafts and we will be taking part in the consultation. We will mobilize the finance and accounting community by facilitating discussions among the private sector, standard setters, investors, accounting bodies, and assurance service providers. Read our update on the launch of the Exposure Drafts.

This guide, created by the A4S Accounting Bodies Network, offers a brief introduction to the changing corporate reporting landscape. It summarizes recent key developments in sustainability reporting. It sets out how these developments are impacting the role of the accountant and shaping the future of corporate reporting. It also highlights how this area is likely to evolve, offering signposting to further sources of information.

The FSB Task Force on Climate-related Financial Disclosures (TCFD) recommends a framework for disclosing climate related risks and opportunities.

Follow this link to see out TCFD Guidance and insights series which includes practical first steps from early adopters.