Sustainability

Complexity European Sustainability Reporting Standards overwhelming

The proposed ESG reporting standards presented by the EU last week are overwhelming. I advocate to limit reporting requirements to two metrics: profit and emission reductions. Last week, EFRAG published the first version of the European Sustainability Reporting Standards. The set of standards describes in detail the topics that companies report on and also obliges them to develop targets that define the company’s ambition. The ESG metrics are presented in 15 appendices spanning many hundreds…
Jan Bouwens
Jan Bouwens
5 min read
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374

Comment Letter for Exposure Drafts IFRS® Sustainability Disclosure Standards IFRS S1 and S2

July 27, 2022 To: International Sustainability Standards Board, IFRS Foundation From: Professor Charles H. Cho Dr. Blerita Korca Professor Joanna Krasodomska Professor Ian Thomson Professor Gunnar Rimmel Re: Exposure Drafts IFRS® Sustainability Disclosure Standards IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures Dear members of the International Sustainability Standards Board, We are a group of Professors of Accounting who have been researching in the field of sustainability accounting…
CHARLES CHO
CHARLES CHO
17 min read
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544

An Open Letter on the Materiality Debate in Sustainability Reporting

Following the Materiality Debate, the organizing committee of the event from the University of Bristol Accountability Sustainability and Governance Research Group prepared an open letter addressed to the EFRAG and the IFRS Foundation, and their respective boards – the EFRAG Sustainability Reporting Board (SRB) and the International Sustainability Standard Board (ISSB). The open letter is endorsed by 109 signatories from across the globe. The open letter calls for (1) better acknowledgement of the interdependencies of financial sustainability with the sustainability…
GIOVANNA MICHELON
GIOVANNA MICHELON
2 min read
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90

Deadline approaching-Special issue in Sustainability Accounting Management and Policy Journal on The Future of the Global Reporting Initiative

Deadline approaching!!!! 31 January 2022 Don’t miss the chance to submit your contributions for the special issue in Sustainability Accounting Management and Policy Journal on The Future of the Global Reporting Initiative. This special issue aims to contribute to the literature on the historic and future role of #GRI in responding to stakeholder demand for enhanced #ESG information, the contributions GRI has made to the #sustainability reporting space and the practice of sustainability reporting. In…
MERCEDES LUQUE VÍLCHEZ
MERCEDES LUQUE VÍLCHEZ
< 1 min read
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238

Accountability, Sustainability and Governance Academic Roundtable: “The ISSB and the Materiality Debate”

Just yesterday the Trustees of the IFRS Foundation announced the appointment of Emmanuel Faber to serve as Chair of the International Sustainability Standards Board (ISSB). The formation of the ISSB is a significant moment in the corporate reporting landscape. The ISSB aims to bring together the extensive body of works of existing voluntary sustainability disclosure standards and frameworks to create a set of globally accepted sustainability disclosure standards that will offer relevant and reliable sustainability-related financial…
GIOVANNA MICHELON
GIOVANNA MICHELON
3 min read
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388

Academic empathy dialogue – Sustainability Reporting

The EAA Virtual Activities Committee is pleased to announce that the next Academic Empathy Dialogue (AED) on “Sustainability Reporting”. The AED will host Jan Bebbington (Lancaster University) and Hans Christensen (Chicago Booth), mediated by Robin Roberts (University of Central Florida) on January 12 at 5.00pm CET. To watch the recording, click here. Two primary forces are accelerating ESG disclosure by companies and investors.  These forces are (1) coalescing concerns about a variety of environmental and social problems (such as, climate change, human rights, nature…
GIOVANNA MICHELON
GIOVANNA MICHELON
2 min read
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294

Let’s put sustainability back into the sustainability reporting debate

Main points: presents three possible scenarios as to how “sustainability” reporting might develop; the current direction will not facilitate harmonisation or sustainable development; a modification will facilitate both; taking a step back, rethinking and re-engaging would offer more possibilities; includes a link to a video discussion with Sir David Tweedie (ex IASB chair) and Mervyn King (ex GRI and IIRC chair) on these issues. The talk about the ‘alphabet soup’ of reporting frameworks and standards…
Carol Adams
Carol Adams
6 min read
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605

Update from the EAA Stakeholder Reporting Committee – Response to the Consultation Paper on Due process procedures for EU sustainability reporting standard-setting

Posted by Begoña Giner on behalf of the EAA Stakeholder Reporting Committee In response to the Consultation Paper on on Due process procedures for EU sustainability reporting standard-setting issued by EFRAG in June 2021, the Stakeholder Reporting Committee of the European Accounting Association (“the SRC”) issued a response letter the 6th of September outlining our position in relation to the issues raised therein &#8212; see below or attached. As indicated in our response, we agree…
EAA Stakeholder Reporting Committee
EAA Stakeholder Reporting Committee
5 min read
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282

Global survey aims to map sustainability and climate change across accounting and finance education

Do you teach about carbon disclosures, or ESG? Does sustainability feature in your teaching? What have you experienced when teaching these topics? What insight and support could you offer to those wishing to teach these subjects? Shona Russell, John Ferguson and Ian Thomson have launched an online survey aims understand academics’ experiences of teaching sustainability and climate change in accounting and finance degree programmes around the world. If you have experience of teaching these topics…
Shona Russell
Shona Russell
2 min read
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364
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