29th May 2024 News

IFRS Says Over Half of Global Economy Moving Towards Coverage by ISSB Sustainability Reporting Standards

The IFRS Foundation unveiled that jurisdictions representing more than half of the global economy have announced steps to use or align with the International Sustainability Standards Board’s (ISSB) disclosure standards, marking significant progress towards the establishment of a consistent global baseline for a corporate sustainability reporting system Read more

EU regulator urges enhanced sustainability reporting for SMEs

According to ESG Today, ESMA’s recommendations aim to address the balance between proportionality concerns and the need for transparency and reliability of information to investors. One of the key proposals by ESMA is to enhance reporting obligations for SMEs regarding sustainability-related positive impacts and opportunities. ESMA notes that disclosure requirements on opportunities are greater for larger entities, posing a risk of greenwashing for SMEs. Read more

ESG Team
the authorESG Team