ISSB

Dream Impact and The Executive Centre Launch ESG Innovation Lab

Retrieved on: 
Wednesday, September 6, 2023

The ESG Innovation Lab serves as a bridge to close the gap between social enterprises, impact ventures, and corporates, while facilitating cross-sector collaborations for impact creation.

Key Points: 
  • The ESG Innovation Lab serves as a bridge to close the gap between social enterprises, impact ventures, and corporates, while facilitating cross-sector collaborations for impact creation.
  • Dream Impact and TEC will officially launch ESG Innovation Lab in September in order to support companies in Hong Kong on their ESG journey.
  • ESG Innovation Lab is here to demonstrate that using ESG as a framework, impact and purpose can be integrated into your business, your work and your daily life."
  • TEC Founder and CEO, Paul Salnikow, commented: "The Executive Centre team is thrilled to be partnering with Dream Impact to launch the ESG Innovation Lab.

Highlights - Exchange of views with the IASB, the IFRS Foundation Trustees and the ISSB - Committee on Economic and Monetary Affairs

Retrieved on: 
Thursday, August 31, 2023

Exchange of views with the IASB, the IFRS Foundation Trustees and the ISSB

Key Points: 
  • Exchange of views with the IASB, the IFRS Foundation Trustees and the ISSB
    30-08-2023 - 11:07
    On Monday 4 September 2023, 15:00 - 16:00, an Exchange of Views in ECON is scheduled with the Chair of the International Accounting Standards Board (IASB), Andreas Barckow, the Chair of the IFRS Foundation, Erkki Liikanen and the Chair of the International Sustainability Standards Board (ISSB), Emmanuel Faber.
  • This EoVs is taking place on an annual basis.
  • The ISSB was created in 2021 as second pillar of the IFRS Foundation and is tasked with the development of international sustainability reporting standards.

ESG Book partners with the Sustainable Finance Institute Asia for pilot initiative on ESG data disclosure

Retrieved on: 
Wednesday, August 30, 2023

LONDON and SINGAPORE, Aug. 30, 2023 /PRNewswire/ -- London and Singapore – ESG Book, a global leader in sustainability data and technology, has partnered with the Sustainable Finance Institute Asia (SFIA) for a pilot Initiative to address ESG data requirements and disclosure gaps in ASEAN markets, it has been announced.

Key Points: 
  • SFIA identifies ESG Book as a potential technology partner for Project SAFE, an initiative to address ESG data requirements and disclosure gaps in ASEAN markets.
  • The Single Accesspoint for ESG Data (SAFE) Initiative brings together industry stakeholders to support sustainable finance across ASEAN markets through accessible, comparable, and transparent ESG data.
  • LONDON and SINGAPORE, Aug. 30, 2023 /PRNewswire/ -- London and Singapore – ESG Book, a global leader in sustainability data and technology, has partnered with the Sustainable Finance Institute Asia (SFIA) for a pilot Initiative to address ESG data requirements and disclosure gaps in ASEAN markets, it has been announced.
  • Recognising the capabilities of ESG Book, SFIA has identified ESG Book as one of its potential technology partners for the Single Accesspoint for ESG Data (SAFE) Initiative, which brings together key industry stakeholders to enable sustainable finance across ASEAN markets through accessible, comparable, and transparent ESG data.

Geekvape Embarks on a Path to Sustainable Development at a high starting point

Retrieved on: 
Monday, August 21, 2023

With these developments, Geekvape now stands as members of two of the world's most authoritative sustainability disclosure frameworks.

Key Points: 
  • With these developments, Geekvape now stands as members of two of the world's most authoritative sustainability disclosure frameworks.
  • For Geekvape, this marks a pivotal milestone in its comprehensive promotion of sustainable development and its commitment to an ESG framework.
  • By joining IFRS Sustainability Alliance and GRI Community, Geekvape embarks on a path of its own to sustainable development at a high starting point, grounded in a global perspective.
  • Let us anticipate and witness more new milestones on Geekvape's path towards sustainable development.

Geekvape Embarks on a Path to Sustainable Development at a high starting point

Retrieved on: 
Monday, August 21, 2023

With these developments, Geekvape now stands as members of two of the world's most authoritative sustainability disclosure frameworks.

Key Points: 
  • With these developments, Geekvape now stands as members of two of the world's most authoritative sustainability disclosure frameworks.
  • For Geekvape, this marks a pivotal milestone in its comprehensive promotion of sustainable development and its commitment to an ESG framework.
  • By joining IFRS Sustainability Alliance and GRI Community, Geekvape embarks on a path of its own to sustainable development at a high starting point, grounded in a global perspective.
  • Let us anticipate and witness more new milestones on Geekvape's path towards sustainable development.

LG Energy Solution Crosses Halfway Mark in Its Journey to Reach Carbon Neutrality

Retrieved on: 
Monday, July 31, 2023

In terms of the company-wide electricity usage, which includes non-manufacturing business sites, 56 percent was delivered from renewable sources.

Key Points: 
  • In terms of the company-wide electricity usage, which includes non-manufacturing business sites, 56 percent was delivered from renewable sources.
  • LGES has been rapidly advancing the transition to renewable energy, supplying 33 percent of its electricity use from renewable sources in 2020 and 44 percent in 2021.
  • Previously, LGES has set a phased roadmap to successfully complete the mid-to long-term initiative to realize carbon neutrality.
  • "LG Energy Solution will continue to relentlessly innovate ourselves in order to contribute to the global carbon neutrality and the future of mankind," said Youngsoo Kwon, CEO of LG Energy Solution.

Bringing physical climate risk into institutional investing

Retrieved on: 
Wednesday, July 26, 2023

Climate Risk Matrices (CRMs) – developed by the Intact Centre – identify the top climate and extreme weather risks that affect a company’s performance, and ultimately share price.

Key Points: 
  • Climate Risk Matrices (CRMs) – developed by the Intact Centre – identify the top climate and extreme weather risks that affect a company’s performance, and ultimately share price.
  • Physical climate risk is impacting companies across all sectors and institutional investors need to factor these growing risks into portfolio management.
  • This report should catalyze action – and diminish complacency – by the majority of institutional investors who do not factor physical climate risk into portfolio management.
  • Visit the Intact Centre website to download the report, “Transitioning from Rhetoric to Action: Integrating Physical Climate Change and Extreme Weather Risk into Institutional Investing”.

Mind the data gap - Industry-relevant ESG disclosure levels remain low, despite rise in sustainability reporting

Retrieved on: 
Thursday, July 20, 2023

LONDON, July 20, 2023 /PRNewswire/ -- ESG Book, a global leader in sustainability data and technology, today released new analysis showing that financially material, industry-relevant ESG disclosure levels remain low, despite a widespread increase in overall sustainability reporting.

Key Points: 
  • ESG Book's analysis reveals that European companies lead global peers on ESG performance, but are falling behind on the disclosure of financially material, industry-led sustainability data.
  • With markets demanding better ESG data to meet increasingly complex sustainability requirements, the ESG Performance Score is the most sophisticated new tool of its kind.
  • Covering nearly 10,000 companies globally, the ESG Performance Score provides in-depth, real-time insights into material areas of sustainability performance.
  • LONDON, July 20, 2023 /PRNewswire/ -- ESG Book, a global leader in sustainability data and technology, today released new analysis showing that financially material, industry-relevant ESG disclosure levels remain low, despite a widespread increase in overall sustainability reporting.

UK Business Leaders Want Government Action on Sustainability Reporting, ICAS Research Shows

Retrieved on: 
Friday, July 14, 2023

A recent study conducted by The Institute of Chartered Accountants of Scotland (ICAS) has revealed a strong demand among UK business leaders for government financial support and mandated sustainability reporting standards to propel corporate sustainability practices.

Key Points: 
  • A recent study conducted by The Institute of Chartered Accountants of Scotland (ICAS) has revealed a strong demand among UK business leaders for government financial support and mandated sustainability reporting standards to propel corporate sustainability practices.
  • According to the findings, 36% of UK business leaders are calling for the implementation of mandated sustainability reporting standards.
  • The study also reveals that 42% of UK business leaders are seeking government incentives to support the upskilling of employees in sustainability and to strengthen the talent pipeline.
  • Bruce J Cartwright CA, CEO of ICAS, commented on the research, stating, "The research shows clearly that UK businesses need the support of policy makers to ensure that sustainability reporting is prioritised.

Canadian Securities Administrators statement on proposed climate-related disclosure requirements

Retrieved on: 
Wednesday, July 5, 2023

CALGARY, AB and TORONTO, July 5, 2023 /CNW/ - The Canadian Securities Administrators (CSA) welcomes the publication on June 26, 2023 of the International Sustainability Standards Board (ISSB)'s first two sustainability disclosure standards: IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures (together, the ISSB Standards).

Key Points: 
  • CALGARY, AB and TORONTO, July 5, 2023 /CNW/ - The Canadian Securities Administrators (CSA) welcomes the publication on June 26, 2023 of the International Sustainability Standards Board (ISSB)'s first two sustainability disclosure standards: IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures (together, the ISSB Standards).
  • The CSA is also encouraged by the ISSB's proposed capacity building efforts to support adoption of the ISSB Standards.
  • CSA staff intend to conduct further consultations to adopt disclosure standards based on ISSB Standards, with modifications considered necessary and appropriate in the Canadian context.
  • The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.