Also, the IAASB revises auditing standard on going concern, and the IFRS Foundation looks to bring nature-related information into financial reporting.
Not surprisingly, the Corporate Sustainability Reporting Directive is driving how companies view climate risk. It’s also driving companies to a better understanding of related business opportunities.
The proposals include the removal of around 80% of companies from the scope of CSRD — described as a “backward step” by the Global Reporting Initiative.
The IAASB and IESBA’s integrated framework aims to provide a unified, global approach to meet the growing demand for trustworthy sustainability information.
The designation is equivalent to “senior engineer” in the Chinese governing body’s qualification directory. Also, the FRC reviews climate-related reporting across companies.
The UK Sustainability Disclosure Technical Advisory Committee endorses the first two IFRS sustainability disclosure standards for use, with minor amendments proposed.
A study of a leading Netherlands bank offers management accountants four examples of best practice to take the lead in supporting their companies’ ESG journey.
