{"id":1421,"date":"2021-01-17T06:56:21","date_gmt":"2021-01-17T05:56:21","guid":{"rendered":"https:\/\/eaa-online.org\/arc\/blog\/blog\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/"},"modified":"2021-01-17T06:56:21","modified_gmt":"2021-01-17T05:56:21","slug":"flawed-conceptual-framework-climate-disclosure-and-other-nonsense","status":"publish","type":"post","link":"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/","title":{"rendered":"A flawed conceptual framework for climate disclosure and other nonsense"},"content":{"rendered":"

During 2020 a number of reports were published by organisations promoting a 'solution' for 'sustainability reporting' amid 'concern' about about a proliferation of bodies setting standards and frameworks. The proliferation of frameworks and standards led to a proliferation of bodies claiming their purpose was to harmonise – not without self interest, of course.  I wrote some short articles with my observations on these developments to both engage in the debate and increase my knowledge of them so I could discuss them with my students.  As future accountants they will be providing a much broader range of information to inform decisions than the accountants of today.  <\/span><\/span><\/p>\n

Most recently, at the end of 2020 various organisations jointly released a 'protoype' <\/span>climate-related financial disclosure standard cobbled together in some haste from existing offerings. Whilst anyone familiar with Taskforce on Climate-related Financial Disclosures (TCFD), integrated reporting and the Global Reporting Initiative (GRI) Standards is likely to be favourably disposed to the proposed reporting requirements, the conceptual framework underpinning them is flawed. It is not translatable to the range of sustainable development issues that companies, their investors and national governments are concerned about. In stitching together bits of existing frameworks and standards, this prototype complicates, rather than simplifies.  And it brings in new jargon. You can read my concise critque of the prototype at:<\/span><\/span><\/span><\/p>\n

A prototype climate disclosure standard with a flawed conceptual framework<\/a> Responsible Investor,<\/em> 14th January, 2021<\/span><\/span><\/p>\n

And here are some additional articles on matters relevant to the accountants of today and tomorrow (I'm sure you'll easily find plenty of others with opposing views):<\/span><\/p>\n

Sustainable development is too important for self-interest and political posturing<\/a> Responsible Investor<\/em>, 14th December 2020<\/span><\/span><\/p>\n

Accountants can help meet the Sustainable Development Goals<\/a> CIMA<\/em>, 25th October 2020<\/span><\/span><\/p>\n

The 'Statement of Intent': proposing a different approach<\/a> 27th September 2020<\/span><\/span><\/p>\n

A response to the WEF and Big 4<\/a> 26th September 2020<\/span><\/span><\/p>\n

Accountability for neurodiversity at work<\/a> The Conversation 24th September 2020<\/span><\/span><\/p>\n

Europe needs mandatory non-financial reporting to underpin COVID recovery<\/a>, Euractive<\/em>, 13th May 2020<\/span><\/span><\/p>\n

Investors are asking the wrong questions on sustainability<\/a> Financial Times<\/em>, 23rd January 2020<\/span><\/span><\/p>\n

Additional articles and recordings of panel discussions and interviews that have been handy for online teaching are posted here<\/a>.  <\/span><\/span><\/p>\n

 <\/p>\n

 <\/p>\n

\n\t <\/h1>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

During 2020 a number of reports were published by organisations promoting a 'solution' for 'sustainability reporting' amid 'concern' about about a proliferation of bodies setting standards and frameworks. The proliferation of frameworks and standards led to a proliferation of bodies claiming their purpose was to harmonise – not without self interest, of course.  I wrote […]<\/p>\n","protected":false},"author":86,"featured_media":1422,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[1],"tags":[2],"acf":[],"yoast_head":"\nA flawed conceptual framework for climate disclosure and other nonsense - ARC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A flawed conceptual framework for climate disclosure and other nonsense - ARC\" \/>\n<meta property=\"og:description\" content=\"During 2020 a number of reports were published by organisations promoting a 'solution' for 'sustainability reporting' amid 'concern' about about a proliferation of bodies setting standards and frameworks. The proliferation of frameworks and standards led to a proliferation of bodies claiming their purpose was to harmonise – not without self interest, of course.  I wrote […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/\" \/>\n<meta property=\"og:site_name\" content=\"ARC\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/TowardsSustainableBusiness\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-17T05:56:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/eaa-online.org\/app\/uploads\/sites\/3\/2021\/01\/6ce91473-69ca-4d34-8c18-a59176ad042e.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"417\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Carol Adams\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ProfCarolAdams\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carol Adams\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/\",\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/\",\"name\":\"A flawed conceptual framework for climate disclosure and other nonsense - ARC\",\"isPartOf\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\"},\"datePublished\":\"2021-01-17T05:56:21+00:00\",\"dateModified\":\"2021-01-17T05:56:21+00:00\",\"author\":{\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/e61bf28abb1d20f5e5de1ea0a2315406\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#website\",\"url\":\"https:\/\/eaa-online.org\/arc\/\",\"name\":\"ARC\",\"description\":\"Advanced Resources Center\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eaa-online.org\/arc\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/e61bf28abb1d20f5e5de1ea0a2315406\",\"name\":\"Carol Adams\",\"sameAs\":[\"http:\/\/www.drcaroladams.ner\",\"https:\/\/www.facebook.com\/TowardsSustainableBusiness\/\",\"https:\/\/www.linkedin.com\/in\/profcaroladams\/\",\"https:\/\/twitter.com\/@ProfCarolAdams\",\"https:\/\/www.youtube.com\/channel\/UC55osXeW6D6egXDwrDysoVw?view_as=subscriber\"],\"url\":\"https:\/\/eaa-online.org\/arc\/blog\/members\/86\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A flawed conceptual framework for climate disclosure and other nonsense - ARC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/","og_locale":"en_US","og_type":"article","og_title":"A flawed conceptual framework for climate disclosure and other nonsense - ARC","og_description":"During 2020 a number of reports were published by organisations promoting a 'solution' for 'sustainability reporting' amid 'concern' about about a proliferation of bodies setting standards and frameworks. The proliferation of frameworks and standards led to a proliferation of bodies claiming their purpose was to harmonise – not without self interest, of course.  I wrote […]","og_url":"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/","og_site_name":"ARC","article_author":"https:\/\/www.facebook.com\/TowardsSustainableBusiness\/","article_published_time":"2021-01-17T05:56:21+00:00","og_image":[{"width":500,"height":417,"url":"https:\/\/eaa-online.org\/app\/uploads\/sites\/3\/2021\/01\/6ce91473-69ca-4d34-8c18-a59176ad042e.jpeg","type":"image\/jpeg"}],"author":"Carol Adams","twitter_card":"summary_large_image","twitter_creator":"@ProfCarolAdams","twitter_misc":{"Written by":"Carol Adams","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/","url":"https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/","name":"A flawed conceptual framework for climate disclosure and other nonsense - ARC","isPartOf":{"@id":"https:\/\/eaa-online.org\/arc\/#website"},"datePublished":"2021-01-17T05:56:21+00:00","dateModified":"2021-01-17T05:56:21+00:00","author":{"@id":"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/e61bf28abb1d20f5e5de1ea0a2315406"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/eaa-online.org\/arc\/blog\/2021\/01\/17\/flawed-conceptual-framework-climate-disclosure-and-other-nonsense\/"]}]},{"@type":"WebSite","@id":"https:\/\/eaa-online.org\/arc\/#website","url":"https:\/\/eaa-online.org\/arc\/","name":"ARC","description":"Advanced Resources Center","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/eaa-online.org\/arc\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/eaa-online.org\/arc\/#\/schema\/person\/e61bf28abb1d20f5e5de1ea0a2315406","name":"Carol Adams","sameAs":["http:\/\/www.drcaroladams.ner","https:\/\/www.facebook.com\/TowardsSustainableBusiness\/","https:\/\/www.linkedin.com\/in\/profcaroladams\/","https:\/\/twitter.com\/@ProfCarolAdams","https:\/\/www.youtube.com\/channel\/UC55osXeW6D6egXDwrDysoVw?view_as=subscriber"],"url":"https:\/\/eaa-online.org\/arc\/blog\/members\/86\/"}]}},"jetpack_featured_media_url":"https:\/\/eaa-online.org\/app\/uploads\/sites\/3\/2021\/01\/6ce91473-69ca-4d34-8c18-a59176ad042e.jpeg","_links":{"self":[{"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/posts\/1421"}],"collection":[{"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/users\/86"}],"replies":[{"embeddable":true,"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/comments?post=1421"}],"version-history":[{"count":0,"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/posts\/1421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/media\/1422"}],"wp:attachment":[{"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/media?parent=1421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/categories?post=1421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eaa-online.org\/arc\/wp-json\/wp\/v2\/tags?post=1421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}