SUSTAINABILITY REPORTING

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.

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

Greenwashing takes place when companies misrepresent – whether on purpose or not – their sustainability credentials and performance. This blog from A4S explores environmental and climate-related claims and how and why greenwashing occurs.

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. 

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

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.

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

A series of briefings on the key actions finance teams can take to respond to future sustainability reporting requirements, on the following themes:

• Governance over sustainability reporting
• Sustainability materiality and metrics
• Sustainability data collection
• Sustainability reporting frameworks

This practical example looks at how Levi's used their 2020 sustainability report to bring together all of their environmental and social reporting into one holistic report, including top tips from their finance team and next steps.

A collection of examples from organizations implementing the recommendations of the FSB Task Force on Climate-related Financial Disclosures (TCFD). The series:

• Is designed for finance teams
• Covers practical steps that finance teams can take
• Includes top tips from leading companies