…instance I am referring to the process to select the Chair of the “Sustainability Reporting Board” (SRB) which has been established under the European Financial Reporting Advisory Group (EFRAG). This is a very significant position to…
…of the IFRS Foundation published their “Consultation Paper on Sustainability Reporting.” The idea was to establish an International Sustainability Standards Board (ISSB), parallel and coordinated with the International Accounting…
The terms “sustainability” and “ESG” are now common in both the public and private equity markets. They are also becoming increasingly common in the bank lending and debt markets. Yet confusion remains about their…
I love the British press. With effortless wit and aplomb it regularly publishes articles with eye-catching titles like these from The Telegraph: “Unilever’s empire-building ambitions expose the empty rhetoric of its woke ideology” and…
Corporate purpose and sustainability (often referred to by the acronym of ESG for environmental, social, and governance) are now part of the mainstream lexicon in the corporate and investment communities. The two…
…a more prosaic topic: the role and governance of the International Sustainability Standards Board (ISSB) that will be established by the IFRS Foundation (the Foundation). In addition to raising interesting and important questions about…
…performing companies.” — Michael Bloomberg, Chairman of the Sustainability Accounting Standards Board Markets depend on standards. Weights and measures were some of the first examples. Standards make it possible for companies to…
…international asset owners and managers, are recognizing that “sustainability” is something that can no longer be compartmentalized in a specialist department that often has “second-class” citizenship status in the organization.…
…followed this with a post about the new ERISA regulations regarding sustainability, and how pension fund fiduciaries can now consider material environmental, social, and governance (ESG) issues facing the companies in their investment…
Abstract The market continues to show growing interest in how well companies are performing across a broad range of environmental, social, and governance (ESG) dimensions. Partly as a result, the companies themselves are paying more…
The broader societal concern about sustainability has grown from almost nothing in the early 1990s to a dominant theme today. Meanwhile, leaders of major corporations worldwide are increasingly facing the challenge…
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