ISSB

The Tipping Point Fund on Impact Investing Awards a $250,000 Grant to the Value Reporting Foundation to Support Research on Standards for Human Capital Management

Retrieved on: 
Tuesday, July 19, 2022
IFRS Foundation, Sustainability Accounting Standards Board, Value, Ethics, Disclosure, Research, Health, Risk, Public policy, Safety, IIRC, Organization, Ecosystem, VRF, Integration, ISSB, Alliance, International Sustainability Alliance, DMM, Sustainability accounting, TPF, International, DEI, Attention, Growth, HCM, Management, Renewable energy

NEW YORK, July 19, 2022 /PRNewswire/ -- The Tipping Point Fund on Impact Investing (TPF), a donor collaborative with a mission of scaling the practice of impact investing with integrity, today announced that it would award a $250,000 grant to the Value Reporting Foundation (VRF) to support the organization's research on standards for human capital management (HCM). HCM encompasses a broad range of corporate practices related to the management of employees including hiring and retention, employee engagement, training, compensation, fair labor practices, health and safety, responsible contracting, ethics, desired company culture, and diversity.

Key Points: 
  • However, emerging and evolving issues on HCM created the need for further research to evaluate potential updates to the Standards.
  • Specifically, staff will research disclosure topics and metrics to better account for how human capital issues can impact enterprise value across each of the SASB Standards for 77 industries.
  • "We appreciate the Tipping Point Fund's dedication to improving the quality, comparability and availability of disclosure on human capital management," said VRF CEO Janine Guillot.
  • The U.S. Impact Investing Alliance (Alliance) is dedicated to building the impact investing ecosystem by bridging market gaps and addressing shared challenges.

IIA Debuts New Global Research; Announces Professional Achievement Awards at 2022 International Conference

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Monday, July 18, 2022
Research, SEC, WBCSD, Accounting research, Fraud, Security (finance), U.S. Securities and Exchange Commission, CIA, Department, Institute of Internal Auditors, Civil Society Development Foundation, Conference, International Sustainability Alliance, ISSB, National Taipei University, Certification, Internal audit, Risk management, Multimedia, International Conference on Nuclear Disarmament, Oslo, 2008, Publishing, Risk, Internal, ESG, Hotel manager, Institute, Education, IIA, Achievement, Audit, Management, Medical device

The IIA debuted its 2022 Premier Global Study, Internal Audit: A Global View .

Key Points: 
  • The IIA debuted its 2022 Premier Global Study, Internal Audit: A Global View .
  • The extensive report collected feedback from 3,600 internal audit professionals representing 159 international locations.
  • The results offer a snapshot of the global profession and demographic trends:
    The IIA has partnered with the WBCSD on new guidance aimed at helping organization's future-proof their business.
  • Also at the first day of the conference, The IIA awarded five Professional Achievement Awards, recognizing recipients from around the world who have excelled in research, education, publishing, advocacy, and other activities in the field of internal auditing and related professions.

New report helps companies and investors make sense of proposed climate disclosure standards

Retrieved on: 
Thursday, June 9, 2022
Software Sustainability Institute, EFRAG, Leadership, ERM, IFRS, European Financial Reporting Advisory Group, Enhancement, Time, Trust, ESG, Corporate sustainability, CMAP, CEO, Silent Scope 3, News, Security (finance), Environment, Investor, U.S. Securities and Exchange Commission, Climate, Organization, Travel, International, Multimedia, CSRD, Risk, Health, Task force, SEC, ISSB, GHG, Greenhouse gas, Disclosure, Institute, Climate change, Evolution, ERP, Safety, International Sustainability Alliance, Financial adviser, Renewable energy, Risk management, Online gambling, Online shopping, EU

TEMPE, Ariz. and LONDON, June 9, 2022 /PRNewswire/ -- A new report "The Evolution of Sustainability Disclosure" released today by the Sustainability Institute by ERM (ERM) and Persefoni reveals that there is substantial convergence among new climate-related disclosure frameworks, namely the proposed rules developed by the Securities and Exchange Commission (SEC) in the U.S., the European Financial Reporting Advisory Group (EFRAG) in the EU, and the International Financial Reporting Standards Foundation's (IFRS) International Sustainability Standards Board (ISSB). Noting this convergence, the report also points to significant opportunity for greater harmonization, which would increase the comparability and potentially the quality of climate-related disclosure.

Key Points: 
  • Noting this convergence, the report also points to significant opportunity for greater harmonization, which would increase the comparability and potentiallythe quality of climate-related disclosure.
  • In Europe, EFRAG released guidance in April 2022 on a broad range of sustainability-related disclosure requirements, including the European Sustainability Reporting Standards (ESRS) .
  • Rather, as standards setters, their role is to craft sustainability standards that individual jurisdictions and regulators can adopt or otherwise use in their rulemaking.
  • Climate risks and opportunities are a top priority for investors and increasingly for companies.

New report helps companies and investors make sense of proposed climate disclosure standards

Retrieved on: 
Thursday, June 9, 2022
Software Sustainability Institute, EFRAG, Leadership, ERM, IFRS, European Financial Reporting Advisory Group, Enhancement, Time, Trust, ESG, Corporate sustainability, CMAP, CEO, Silent Scope 3, News, Security (finance), Environment, Investor, U.S. Securities and Exchange Commission, Climate, Organization, Travel, International, CSRD, Risk, Health, Task force, SEC, ISSB, GHG, Greenhouse gas, Disclosure, Institute, Climate change, Evolution, ERP, Safety, International Sustainability Alliance, Financial adviser, Renewable energy, Risk management, Online gambling, Online shopping, EU

TEMPE, Ariz. and LONDON, June 9, 2022 /PRNewswire/ -- A new report "The Evolution of Sustainability Disclosure" released today by the Sustainability Institute by ERM (ERM) and Persefoni reveals that there is substantial convergence among new climate-related disclosure frameworks, namely the proposed rules developed by the Securities and Exchange Commission (SEC) in the U.S., the European Financial Reporting Advisory Group (EFRAG) in the EU, and the International Financial Reporting Standards Foundation's (IFRS) International Sustainability Standards Board (ISSB). Noting this convergence, the report also points to significant opportunity for greater harmonization, which would increase the comparability and potentially the quality of climate-related disclosure.

Key Points: 
  • Noting this convergence, the report also points to significant opportunity for greater harmonization, which would increase the comparability and potentiallythe quality of climate-related disclosure.
  • In Europe, EFRAG released guidance in April 2022 on a broad range of sustainability-related disclosure requirements, including the European Sustainability Reporting Standards (ESRS) .
  • Rather, as standards setters, their role is to craft sustainability standards that individual jurisdictions and regulators can adopt or otherwise use in their rulemaking.
  • Climate risks and opportunities are a top priority for investors and increasingly for companies.

Banorte subsidiaries to promote international advisory board guidelines to help investors make better sustainability decisions

Retrieved on: 
Tuesday, May 31, 2022
Zero, Mexican Stock Exchange, Investment, Unitel (Angola), Retirement, Climate, International Sustainability Alliance, ISSB, MEXICO, Principle, ESG, Renewable energy, Bank, Banorte

MEXICO CITY , May 31, 2022 /PRNewswire/ --Grupo Financiero Banorte, expanding its support of sustainable financing, announced today that two Banorte subsidiaries will follow an international advisory board's guidelines to help investors access higher quality ESG information for decision-making.

Key Points: 
  • MEXICO CITY , May 31, 2022 /PRNewswire/ --Grupo Financiero Banorte, expanding its support of sustainable financing, announced today that two Banorte subsidiaries will follow an international advisory board's guidelines to help investors access higher quality ESG information for decision-making.
  • Chairman Carlos Hank Gonzlez said Afore XXI Banorte and Operadora de Fondos will promote International Sustainability Standards Board (ISSB) criteria, aimed at developing global benchmarks that respond to the needs of investors and financial markets.
  • "We are committed to adopting the standards issued by the International Sustainability Standards Board to make more informed and sustainability-focused investment decisions," he said.
  • It previously endorsed the Principles of Responsible Banking and the UN Net Zero Banking Alliance to promote sustainable consumption practices among its customers.

Leading global investors commend direction of IFRS Sustainability Exposure Drafts

Retrieved on: 
Monday, May 23, 2022
Dai, Risk, Investment, G20, Chair, CPP Investment Board, Disclosure, IOSCO, Policy, IAG, Climate Disclosure Standards Board, Climate, Integration, Chief compliance officer, APAC, Industry, Time, Sustainability, Finance, Union, G7, Norges Bank, IFRS, Financial Stability Board, GLOBE, ISSB, Letter, Value, Financial adviser, Asset management, Financial services, Risk management

London and San Francisco, May 23, 2022 (GLOBE NEWSWIRE) -- Investors representing over US$53 trillion in assets, hailing from Asia, the European Union, North America and the UK, have commended the direction of the IFRS Sustainability Disclosure Standards Exposure Drafts.

Key Points: 
  • London and San Francisco, May 23, 2022 (GLOBE NEWSWIRE) -- Investors representing over US$53 trillion in assets, hailing from Asia, the European Union, North America and the UK, have commended the direction of the IFRS Sustainability Disclosure Standards Exposure Drafts.
  • Industry-based SASB Standards which have been adopted voluntarily by businesses and investors around the world play a key role in providing content for both Exposure Drafts.
  • We support the IFRS Foundation Sustainability Disclosure Standards, given their grounding on TCFD Recommendations and the SASB Standards.
  • The SASB Investor Advisory Group will transition into the ISSB Investor Advisory Group in July, 2022, following the VRFs consolidation with IFRS.

The Value Reporting Foundation Publishes Updated SASB Standard for the Apparel, Accessories & Footwear Industry Ahead of Transition to the ISSB

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Thursday, May 12, 2022
Standard, Sustainability Accounting Standards Board, Disclosure, IFRS Foundation, Integration, Textile, IFRS, International Sustainability Alliance, ISSB, Raw material, Value, GLOBE, Risk management, Clothing

To support the IFRS Foundations establishment of the International Sustainability Standards Board (ISSB), the Value Reporting Foundation is consolidating into the IFRS Foundation as of June 30, 2022.

Key Points: 
  • To support the IFRS Foundations establishment of the International Sustainability Standards Board (ISSB), the Value Reporting Foundation is consolidating into the IFRS Foundation as of June 30, 2022.
  • At that time, the SASB Standards Board will transition all open standard-setting projects to the International Sustainability Standards Board (ISSB).
  • The SASB Standards Board has also released a Basis for Conclusions document detailing its rationale for the updated Standard, which can be accessed here .
  • The resources including Integrated Thinking Principles, the Integrated Reporting Framework, and SASB Standards are already adopted in over 70 countries.

Equitable Bank Releases Inaugural ESG Performance Report

Retrieved on: 
Monday, May 9, 2022
EQB, Decision-making, Corporate governance, Risk management, Report, Equitable Bank, ISSB, Challenger bank, Task force, Community, Disclosure, Toronto Stock Exchange, Environment, International Sustainability Alliance, Climate, Equitable, Bank, TSX, C's, Sustainability Accounting Standards Board, CEO, ESG, Sustainability accounting, EQ Bank, Philosophy, Lithium

TORONTO, May 9, 2022 /PRNewswire/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of Equitable Group Inc. (TSX: EQB) (TSX:EQB.PR.C) (TSX:EQB.R)today released its first full-scale ESG Performance Report (the "Report") with data and commentary to provide stakeholders with transparent, relevant, and comprehensive disclosure on all aspects of environmental, social and governance strategies, practices, and outcomes within Canada's Challenger BankTM.

Key Points: 
  • TORONTO, May 9, 2022 /PRNewswire/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of Equitable Group Inc. (TSX: EQB) (TSX:EQB.PR.C) (TSX:EQB.R)today released its first full-scale ESG Performance Report (the "Report") with data and commentary to provide stakeholders with transparent, relevant, and comprehensive disclosure on all aspects of environmental, social and governance strategies, practices, and outcomes within Canada's Challenger BankTM.
  • "We are delighted to release our new ESG Performance Report, through which we challenged ourselves to disclose meaningful data, discuss ESG risks and risk management practices and elaborate on the opportunity areas that deeply engage our Bank as we live our purpose of driving change to enrich people's lives," said Andrew Moor, President and CEO of Equitable Bank.
  • Led by metrics, the Bank's ESG Performance Report not only incorporates disclosure recommendations from several ESG frameworks and standards, such as the Taskforce on Climate-related Financial Disclosures (TCFD) and Sustainability Accounting Standards Board (SASB), it also contains key datapoints requested by ESG rating agencies.
  • Equitable Group Inc. trades on the Toronto Stock Exchange (TSX: EQB, EQB.PR.C and EQB.R) and serves more than 340,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank.

IFRS Foundation takes next steps to establish ISSB presence in Montreal

Retrieved on: 
Thursday, April 7, 2022
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MONTREAL, April 6, 2022 /CNW/ - The IFRS Foundation and Chartered Professional Accountants of Canada (CPA Canada) today announced an agreement to establish the Montreal centre of the International Sustainability Standards Board (ISSB).

Key Points: 
  • MONTREAL, April 6, 2022 /CNW/ - The IFRS Foundation and Chartered Professional Accountants of Canada (CPA Canada) today announced an agreement to establish the Montreal centre of the International Sustainability Standards Board (ISSB).
  • The two signing parties have also committed themselves to the long-term success of the ISSB and its Montreal presence.
  • The next meeting of the IFRS Foundation Trustees will take place in Montreal between June 28 and 30, 2022.
  • By welcoming Montreal, the IFRS Foundation is signalling its trust in Canada to help the ISSB establish a global footprint.'

Value Research Center (VRC) authors Value Model integrating ESG and Sustainability Measures

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Wednesday, March 23, 2022
Responsibility, IFC, Entity–attribute–value model, VRC, Organization, UNDP, Doshisha University, International Sustainability Alliance, United Nations Development Programme, ISSB, Business, Targets, ESG, Research, International Finance Corporation, JST, Osaka University, Science, Economics, CEO, Proposition, Chief executive officer, Aquinas College, The International Academic Forum, Industry, IRC, Museum, Goal, Planetary boundaries, United Nations, Minimum energy performance standard, Official Secrets Act 1989, Barcelona International Public Policy Hub, Sustainability, IAFOR, Policy, Risk management, Management

KYOTO, Japan, Mar 23, 2022 - (JCN Newswire) - The Value Research Center (VRC) launched an integrated Value Model of ESG and Sustainability measures in a new white paper issued today.

Key Points: 
  • KYOTO, Japan, Mar 23, 2022 - (JCN Newswire) - The Value Research Center (VRC) launched an integrated Value Model of ESG and Sustainability measures in a new white paper issued today.
  • A Value Model for Responsible Business: The new Value Research Center (VRC) white paper was officially released today.
  • The VRC's new white paper entitled "A Value Model for Responsible Business", integrates an additional 346 impact measurements from 6 new frameworks into the initial model.
  • The white paper is available for download at the VRC website:
    The Value Research Center (VRC) was officially established at Doshisha University in Kyoto, Japan in November 2021.