ISSB

Teton Advisors Marc Gabelli, Chairman, and Stephen Bondi, CEO, Welcome the Launch by the International Sustainability Standards Board (ISSB) of Its First Two Finalized Standards Providing Transparency in Sustainability Reporting

Retrieved on: 
Tuesday, June 27, 2023

Both standards – IFRS S1 and IFRS S2 – will be effective for annual reporting beginning January 2024.

Key Points: 
  • Both standards – IFRS S1 and IFRS S2 – will be effective for annual reporting beginning January 2024.
  • “We applaud the ISSB’s leadership in arranging these standards and encourage investors to gather and array the new data within their respective analytical processes,” said Marc Gabelli.
  • While both public and private companies have the option to adopt IFRS S1 and IFRS S2, the ISSB will not enforce their implementation.
  • “However, it is in the best interest of reporting companies to incorporate these standards in their financial reports.

NEI Investments' Adelaide Chiu joins the Canadian Sustainability Standards Board

Retrieved on: 
Tuesday, June 27, 2023

TORONTO, June 27, 2023 /CNW/ - NEI Investments ("NEI"), an asset manager with a longstanding commitment to responsible investing, announced Adelaide Chiu, Vice President and Head of Responsible Investing and ESG Services, has been named a member of the inaugural board of directors for the Canadian Sustainability Standards Board (CSSB).

Key Points: 
  • TORONTO, June 27, 2023 /CNW/ - NEI Investments ("NEI"), an asset manager with a longstanding commitment to responsible investing, announced Adelaide Chiu, Vice President and Head of Responsible Investing and ESG Services, has been named a member of the inaugural board of directors for the Canadian Sustainability Standards Board (CSSB).
  • The International Sustainability Standards Board (ISSB) and its Canadian counterpart aim to address this by creating a baseline set of standards to bridge the communication gap when it comes to providing the clarity investors need to make better investing decisions.
  • The CSSB will support the uptake of the international standards in Canada, highlight key issues for the Canadian context, and facilitate interoperability between ISSB standards and any forthcoming CSSB standards.
  • This most recent appointment is further affirmation of the leadership role NEI continues to play in shaping the responsible investing landscape in Canada.

CSSB now operational with new member appointments as first ISSB standards released

Retrieved on: 
Monday, June 26, 2023

These newest appointments make a quorum for the CSSB, putting the Board in decision-making mode and coming on the heels of the release of the International Sustainability Standards Board's (ISSB) initial standards – IFRS S1 and S2.

Key Points: 
  • These newest appointments make a quorum for the CSSB, putting the Board in decision-making mode and coming on the heels of the release of the International Sustainability Standards Board's (ISSB) initial standards – IFRS S1 and S2.
  • "Canada now has an operational CSSB, ensuring the release of the first international sustainability disclosure standards – and all forthcoming standards – have the leadership and expertise required to be adopted," says Lorraine Moore, chair of the Accounting Standards Oversight Council , and co-chair of the CSSB Implementation Committee .
  • All CSSB appointments are made by the Implementation Committee, which provides transitional oversight of the CSSB until decisions on a permanent oversight structure are finalized.
  • The CSSB will partner with the ISSB by supporting the uptake of ISSB standards in Canada, highlighting key issues for the Canadian context, and facilitating interoperability between ISSB standards and any forthcoming CSSB standards.

Vice Chair of the Sustainability Reporting Board of the European Financial Reporting Advisory Group and Special Liaison to ISSB, Kerstin Lopatta, Joins Persefoni's Sustainability Advisory Board

Retrieved on: 
Thursday, June 1, 2023

TEMPE, Ariz. and LONDON, June 1, 2023 /PRNewswire/ -- Persefoni, a leading Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, has announced the appointment of Professor Kerstin Lopatta to its Sustainability Advisory Board (SAB). The board, which comprises global experts in sustainability, strategically advises Persefoni's board and executive team on sustainability reporting product offerings, market strategies, and overall vision.

Key Points: 
  • The board, which comprises global experts in sustainability, strategically advises Persefoni's board and executive team on sustainability reporting product offerings, market strategies, and overall vision.
  • Professor Lopatta is a highly respected academic and practitioner in the field of sustainability reporting and financial accounting.
  • She previously served as the Vice Chair of the Sustainability Reporting Board of the European Financial Reporting Advisory Group (EFRAG) and Special Liaison to the International Sustainability Standards Board (ISSB), where she was responsible for the inaugural set of European Sustainability Reporting Standards (ESRS) during her tenure at EFRAG.
  • Professor Lopatta has extensive experience in sustainability reporting and financial accounting in practice and research.

Blue Star Foods’ 2022 ESG Report Included in Two Most Prominent Sustainability Reporting Standards

Retrieved on: 
Monday, May 8, 2023

Miami, FL, May 08, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that its 2022 ESG report has been included on both SASB Standards and Global Reporting Initiative (GRI) databases, which are two of the most prominent sustainability reporting standards.

Key Points: 
  • Miami, FL, May 08, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that its 2022 ESG report has been included on both SASB Standards and Global Reporting Initiative (GRI) databases, which are two of the most prominent sustainability reporting standards.
  • Please find Blue Star’s 2022 ESG report here: https://bluestarfoods.com/blue-sustainability/ .
  • As of August 2022, the International Sustainability Standards Board (ISSB) of the IFRS Foundation assumed responsibility for the SASB Standards.
  • The ISSB has committed to build on the industry-based SASB Standards and leverage SASB’s industry-based approach to standards development.

FigBytes Unveils All-in-One Sustainability Platform

Retrieved on: 
Wednesday, April 19, 2023

Upgraded platform manages climate, water, and many other ESG programs from a single platform, simplifying strategy, data management, framework reporting and stakeholder engagement

Key Points: 
  • Upgraded platform manages climate, water, and many other ESG programs from a single platform, simplifying strategy, data management, framework reporting and stakeholder engagement
    OTTAWA, ON, April 19, 2023 /PRNewswire/ - FigBytes, creators of the leading Sustainability Platform for impact-focused organizations, today announced the availability of its completely upgraded, all-in-one Sustainability Platform.
  • Highlights of FigBytes Sustainability Platform include:
    The new Climate Action solution helps organizations easily understand the actions necessary to reduce and neutralize their emissions to achieve their net-zero targets.
  • Customers benefit from the FigBytes award-winning Sustainability Platform now hosted on the highly secure, scalable, and reliable world-class Azure cloud infrastructure.
  • Through the platform's integration with carbon removal leader Patch, FigBytes customers can now purchase, track, and report on their carbon credit transactions all from within FigBytes Sustainability Platform.

Charles-Antoine St-Jean named Chair of the Canadian Sustainability Standards Board; first members appointed

Retrieved on: 
Wednesday, April 12, 2023

TORONTO, April 12, 2023 /CNW/ - The Canadian Sustainability Standards Board 's (CSSB) first-ever chair and initial members have been appointed, setting the stage for supporting the adoption of sustainability disclosure standards in Canada.

Key Points: 
  • TORONTO, April 12, 2023 /CNW/ - The Canadian Sustainability Standards Board 's (CSSB) first-ever chair and initial members have been appointed, setting the stage for supporting the adoption of sustainability disclosure standards in Canada.
  • "Charles-Antoine's standard-setting leadership and International Sustainability Standards Board (ISSB) experience will be coupled with our initial CSSB members' understanding of sustainability matters among public disclosure users and preparers.
  • "The CSSB will support the adoption of international standards in Canada while considering supplemental requirements tailored to the Canadian market.
  • The CSSB expects to announce another group of members in June 2023, which will set the stage for an operational board.

COSO Releases New "Achieving Effective Internal Control Over Sustainability Reporting" (ICSR) Supplemental Guidance

Retrieved on: 
Thursday, March 30, 2023

MONTVALE, N.J., March 30, 2023 /PRNewswire/ -- The Committee of Sponsoring Organizations of the Treadway Commission (COSO) today released a groundbreaking study with supplemental guidance for organizations to achieve effective internal control over sustainability reporting (ICSR), using the globally recognized COSO Internal Control-Integrated Framework (ICIF). COSO believes its use will build trust and confidence in ESG/sustainability reporting, public disclosures, and enterprise decision-making.

Key Points: 
  • MONTVALE, N.J., March 30, 2023 /PRNewswire/ -- The Committee of Sponsoring Organizations of the Treadway Commission (COSO) today released a groundbreaking study with supplemental guidance for organizations to achieve effective internal control over sustainability reporting (ICSR), using the globally recognized COSO Internal Control-Integrated Framework (ICIF).
  • Leveraging the significant knowledge gained in the application of ICIF to financial reporting over the past two decades, "Achieving Effective Internal Control over Sustainability Reporting (ICSR): Building Trust and Confidence through the COSO Internal Control―Integrated Framework" introduces "internal control over sustainability reporting" (ICSR) into the internal control lexicon.
  • "Effective internal control is good for business and applies well beyond external financial reporting as COSO's ICIF points out.
  • For more information and to download a free copy of Achieving Effective Internal Control over Sustainability Reporting (ICSR): Building Trust and Confidence through the COSO Internal Control―Integrated Framework, please visit www.coso.org .

Supply & Demand Chain Executive Honors Trax President Josh Bouk with 2023 Pros to Know Award

Retrieved on: 
Wednesday, March 22, 2023

DALLAS, March 22, 2023 (GLOBE NEWSWIRE) -- Trax Technologies (Trax), the global leader in Transportation Spend Management (TSM) solutions, announced that its President, Josh Bouk, is recognized as a Supply & Demand Chain Executive 2023 Pros to Know Award honoree.

Key Points: 
  • DALLAS, March 22, 2023 (GLOBE NEWSWIRE) -- Trax Technologies (Trax), the global leader in Transportation Spend Management (TSM) solutions, announced that its President, Josh Bouk, is recognized as a Supply & Demand Chain Executive 2023 Pros to Know Award honoree.
  • The annual Pros to Know award recognizes outstanding executives whose accomplishments provide other leaders with a roadmap to leverage the supply chain for competitive advantage.
  • “This year’s list is filled with supply chain professionals whose achievements and success stories have helped move the needle in the supply chain.
  • They’re actually in the supply chain,” says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics.

FEI's Third Annual ESG Updates Conference to Highlight Top Trends Driving the ESG Reporting Agenda and the SEC's Proposed Climate Reporting

Retrieved on: 
Tuesday, March 14, 2023

MORRISTOWN, N.J., March 14, 2023 /PRNewswire-PRWeb/ -- Financial Executives International (FEI), the association of choice for finance leaders, today announced the agenda for its ESG Updates Conference to be hosted virtually on March 29 and 30. The conference will cover the latest updates on domestic and international ESG reporting requirements and highlight how financial reporting professionals from leading organization are approaching readiness for these requirements, including for the SEC's proposed Climate reporting rules. Attendees can earn up to 12.5 CPE credits while learning the ESG issues that are top of mind among regulators and finance professionals around the world. Business leaders will share best practices and discuss emerging cutting-edge technology for navigating the fast-evolving ESG landscape.

Key Points: 
  • The conference will cover the latest updates on domestic and international ESG reporting requirements and highlight how financial reporting professionals from leading organization are approaching readiness for these requirements, including for the SEC's proposed Climate reporting rules.
  • Attendees can earn up to 12.5 CPE credits while learning the ESG issues that are top of mind among regulators and finance professionals around the world.
  • Business leaders will share best practices and discuss emerging cutting-edge technology for navigating the fast-evolving ESG landscape.
  • Hester Peirce, Commissioner, U.S. Securities and Exchange Commission (SEC) will share valuable insights including her views on proposed reporting requirements.