SUSTAINABILITY REPORTING

On this page:

Current insights into sustainability reporting
Resources to help you navigate the changing reporting landscape
Responses to the proposed IFRS Sustainability Disclosure Standards

Background

Over the past two decades, expectations and requirements for sustainability reporting have been changing rapidly, alongside a growing awareness of the impact of environmental and social issues. As a result, investors and other stakeholders are demanding a wider range of information, with a clear global trend towards mandatory sustainability reporting.

With over 600 sustainability reporting requirements across more than 80 countries¹, organizations are increasingly relying on the knowledge, skills and processes of finance professionals and accountants to make sure that they can address the growing demand for robust sustainability reporting.

A4S’s work in this space includes guidance, thought-pieces and updates to help equip finance professionals with the appropriate skills, tools and knowledge to deliver the sustainability disclosures and reporting required by stakeholders.

^{_{[1] https://www.carrotsandsticks.net/}}

Responses to proposed IFRS Sustainability Disclosure Standards

Business and Finance community responses

Over 80 global Chief Financial Officers from around the world and investors representing more than £620 billion in assets under management, convened by A4S, have signed respective statements in response to the ISSB's proposed IFRS Sustainability Disclosure Standards. The statements welcome the role of the IFRS, and call for global alignment on sustainability reporting and for the IFRS to improve upon its proposed standards in a number of ways.

Read

A4S response

A4S has submitted our own full response to the ISSB consultation on the proposed IFRS Sustainability Disclosure Standards. Read A4S's individual response here.

Read

Further updates

EU Council approves corporate sustainability reporting directive

Following the European Parliament adoption in early November 2022, the EU Council has approved the Corporate Sustainability Reporting Directive (CSRD). This means that around 50,000 companies will soon be required to publish detailed information on sustainability matters, including many large non-EU based entities.

Read

Initial feedback on the ISSB’s sustainability reporting exposure drafts

In this blog we summarize feedback A4S have gathered to date from global finance and accounting leaders on the ISSB’s consultation on proposed international standards for climate and general sustainability-related financial disclosures

Read

EU reporting news: Political agreement reached on the CSRD

On 21st June 2022 the Council and European Parliament reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD). The directive will change the EU law on requirements for certain large companies to disclose information on the way they operate and manage social and environmental challenges. The agreement made covers the scope and the application dates.

Read

UPDATES ON THE REPORTING LANDSCAPE – MARCH 2022

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.

Read

Resources

Navigating the Reporting Landscape guide

This guide, created by the A4S Accounting Bodies Network:

Provides an overview of the changing corporate reporting landscape
Summarizes key developments in sustainability reporting and how these impact on the role of the accountant
Highlights how this area is likely to evolve, signposting to further resources

Explore