ISSB

Japanese Translation of the SASB Standards Now Available

Retrieved on: 
Wednesday, March 16, 2022

SAN FRANCISCO/LONDON, March 15, 2022 (GLOBE NEWSWIRE) -- The Value Reporting Foundation today announced that Japanese translations are now available for the SASB Standards, which are available for 77 industries.

Key Points: 
  • SAN FRANCISCO/LONDON, March 15, 2022 (GLOBE NEWSWIRE) -- The Value Reporting Foundation today announced that Japanese translations are now available for the SASB Standards, which are available for 77 industries.
  • The publication of Japanese translations of SASB Standards will make the Standards more accessible and easier to use by companies of all sizes in Japan.
  • Additionally, the Staff is working to enhance the international applicability of SASB Standards via its Standards Internationalization Advancement Project.
  • As part of this consolidation, the SASB Standards will ultimately transition into IFRS Sustainability Disclosure Standards using ISSB due process.

SASB Investor Advisory Group Announces New Chair and Vice Chair

Retrieved on: 
Thursday, March 3, 2022

SAN FRANCISCO/LONDON, March 03, 2022 (GLOBE NEWSWIRE) -- The Value Reporting Foundation today announced the appointments of a new chair and vice chair to the SASB Investor Advisory Group (IAG), a group of leading asset owners and managers committed to improving sustainability-related disclosures to investors.

Key Points: 
  • SAN FRANCISCO/LONDON, March 03, 2022 (GLOBE NEWSWIRE) -- The Value Reporting Foundation today announced the appointments of a new chair and vice chair to the SASB Investor Advisory Group (IAG), a group of leading asset owners and managers committed to improving sustainability-related disclosures to investors.
  • Richard Manley, Managing Director, Head of Sustainable Investing at CPP Investments will become Chair and Carine Smith Ihenacho, Chief Governance and Compliance Officer at Norges Bank Investment Management (NBIM) will become Vice Chair.
  • The SASB Investor Advisory Group which has grown to more than 60 members from 12 markets and >$52T in assets has been advocating for improved ESG disclosure and the use of SASB Standards since it was formed in 2016.
  • The SASB Investor Advisory Group has played an essential role in demonstrating investor demand for high-quality ESG information and shaping the SASB Standards to provide decision-useful information to the capital markets.

MEDIA ADVISORY: Benchmark Digital To Host Forum With ESG Experts on 2022 Outlook for Global ESG Governance, Changes to Global Disclosure Frameworks, and Enduring Importance of Investment-Grade ESG Data

Retrieved on: 
Thursday, February 17, 2022

Benchmark Digital (Benchmark), a leading provider of cloud-based Environmental, Social and Governance (ESG) software solutions, invites you to its third ESG Executive Collaboration Forum session on February 23, 2022.

Key Points: 
  • Benchmark Digital (Benchmark), a leading provider of cloud-based Environmental, Social and Governance (ESG) software solutions, invites you to its third ESG Executive Collaboration Forum session on February 23, 2022.
  • During Benchmarks first ESG Executive Collaboration Forum of 2022, speakers will detail the implications of these developments for business leaders and share best practices for delivering on stakeholder commitments.
  • In this 1-hour session, experts will provide a real-time update on the global ESG regulatory and reporting landscape, as well as the role of cloud-based management systems in ESG disclosure and data management.
  • Join nearly 3,000,000 users that trust Benchmark ESG with their software system needs for operational risk and compliance, EHS, sustainability, product stewardship, supplier risk, and ESG data management / disclosure reporting.

Eka collaborates with Microsoft to drive sustainability for global enterprises

Retrieved on: 
Wednesday, February 16, 2022

NEW YORK, Feb. 16, 2022 /PRNewswire/ -- Eka Software Solutions, a global leader in providing enterprise cloud solutions for the CFO's office, today announced that it is collaborating with Microsoft to offer a robust suite of solutions, enabling businesses to reduce their impact on climate change and help them spark a positive change through their sustainability initiatives.  

Key Points: 
  • Running on Microsoft Azure, Eka's comprehensive suite of solutions will enable businesses to gain complete and real-time visibility to track carbon emissions.
  • Ahmed Mazhari, President, Microsoft Asia, said: "At Microsoft, we believe sustainability is critical to meet the economic, societal and environmental needs of today and the years to come.
  • We are pleased that Eka is using the power of Microsoft Azure for its cloud solutions to enable leaders of global enterprises to progress their business strategies and reach their sustainability goals faster."
  • Eka Software Solutions is a global leader in providing innovative, cloud solutions that unify a whole range of workflows from procurement to payments.

Eka collaborates with Microsoft to drive sustainability for global enterprises

Retrieved on: 
Wednesday, February 16, 2022

NEW YORK, Feb. 16, 2022 /PRNewswire/ -- Eka Software Solutions, a global leader in providing enterprise cloud solutions for the CFO's office, today announced that it is collaborating with Microsoft to offer a robust suite of solutions, enabling businesses to reduce their impact on climate change and help them spark a positive change through their sustainability initiatives.  

Key Points: 
  • Running on Microsoft Azure, Eka's comprehensive suite of solutions will enable businesses to gain complete and real-time visibility to track carbon emissions.
  • Ahmed Mazhari, President, Microsoft Asia, said: "At Microsoft, we believe sustainability is critical to meet the economic, societal and environmental needs of today and the years to come.
  • We are pleased that Eka is using the power of Microsoft Azure for its cloud solutions to enable leaders of global enterprises to progress their business strategies and reach their sustainability goals faster."
  • Eka Software Solutions is a global leader in providing innovative, cloud solutions that unify a whole range of workflows from procurement to payments.

Internal Audit Plays Critical, Collaborative Role in ESG Reporting

Retrieved on: 
Thursday, February 10, 2022

"Internal auditors provide the independent internal assurance needed for trustworthy ESG disclosures, and help ensure the effectiveness of continuous monitoring processes and internal controls across the organization.

Key Points: 
  • "Internal auditors provide the independent internal assurance needed for trustworthy ESG disclosures, and help ensure the effectiveness of continuous monitoring processes and internal controls across the organization.
  • The internal audit function's contribution to ESG efforts is influenced by, and dependent on, the organization's ambition, strategy, programs, and reporting in ESG:
    51% of organizations that report on ESG obtain some level of assurance from their internal audit functions.
  • 62% of chief audit executives (CAEs) said boards of directors are driving the organization's focus and integration of ESG strategy and reporting.
  • The survey also identified barriers to internal audit involvement in ESG efforts, including a lack of available data to support ESG engagements and the need to make ESG part of an organization's culture.

MetricStream Collaborates with SASB Standards, Enabling Organizations to Balance Profit with Purpose, Improve Environmental, Social Scores

Retrieved on: 
Tuesday, February 8, 2022

Through this collaboration, MetricStream now can integrate the industry-specific, decision-useful, and cost-effective SASB Standards and metrics into its offerings.

Key Points: 
  • Through this collaboration, MetricStream now can integrate the industry-specific, decision-useful, and cost-effective SASB Standards and metrics into its offerings.
  • The software enables organizations to define and manage ESG standards, frameworks, and disclosure requirements, among other capabilities surrounding improved ESG and analytics.
  • Collaborating with a globally-recognized ESG standards organization is the perfect complement to our ESGRC software, providing our customers with tools to develop strategic plans to improve ESG scores, said Bruce Dahlgren, CEO, MetricStream.
  • We believe that purpose drives performance, and businesses need advanced tools that drive corporate practices surrounding climate sustainability, social responsibility, and governance.

Report: Stark Gap in Climate Disclosures Exists Between Large & Small Public Companies

Retrieved on: 
Thursday, January 20, 2022

NEW YORK, Jan. 20, 2022 /PRNewswire/ --Amid growing expectations from regulators and investors, a new report reveals a stark gap between the climate disclosures of large and small companies.

Key Points: 
  • NEW YORK, Jan. 20, 2022 /PRNewswire/ --Amid growing expectations from regulators and investors, a new report reveals a stark gap between the climate disclosures of large and small companies.
  • "More and more, these disclosures are expected by key stakeholders who can influence the company's reputation and bottom line.
  • Smaller companies that have not yet prepared climate disclosures will inevitably face greater pressure to do so, not least because the SEC is expected to propose rules on climate disclosure early this year."
  • 15 percent of S&P 500 companies, 8 percent of S&P MidCap 400 companies, and 5 percent of Russell 3000 companies have biodiversity policies.

With "B-" Grade, U.S. Corporate Governance Backslides in 2021

Retrieved on: 
Tuesday, January 11, 2022

LAKE MARY, Fla., Jan. 11, 2022 /PRNewswire/ -- The effectiveness of corporate governance among publicly traded companies declined slightly over the last year, according to data from the third annual American Corporate Governance Index(ACGI) from The Institute of Internal Auditors and the Neel Corporate Governance Center at the University of Tennessee, Knoxville's Haslam College of Business .

Key Points: 
  • LAKE MARY, Fla., Jan. 11, 2022 /PRNewswire/ -- The effectiveness of corporate governance among publicly traded companies declined slightly over the last year, according to data from the third annual American Corporate Governance Index(ACGI) from The Institute of Internal Auditors and the Neel Corporate Governance Center at the University of Tennessee, Knoxville's Haslam College of Business .
  • Managing change anduncertaintyis part of doing business, and 2021 proved as great a test in this respect as any in recent years.
  • Terry L. Neal, Ph.D., CPA and director of corporate governance at UT's Neel Corporate Governance Center said the 2021 ACGI score continues to show that many U.S. companies are falling short of what the center considers strong governance practices.
  • The ACGI is designed to be a reliable barometer of American corporate governance and goes beyond the publicly observable aspects of corporate governance to provide an internal perspective on the effectiveness of corporate governance throughout the organization.

Benchmark Digital Partners Joins Value Reporting Foundation in Ongoing Effort to Combat Climate Crisis

Retrieved on: 
Tuesday, December 21, 2021

As part of its ongoing efforts to leverage data to combat the climate crisis, Benchmark Digital Partners LLC today became an Alliance Member of the Value Reporting Foundation (VRF).

Key Points: 
  • As part of its ongoing efforts to leverage data to combat the climate crisis, Benchmark Digital Partners LLC today became an Alliance Member of the Value Reporting Foundation (VRF).
  • Joining the VRF will help Benchmark Digital Partners achieve that mission by giving companies with a more holistic understanding of the value they provide.
  • Climate-related financial disclosures and investment-grade ESG data are key to reversing the climate crisis, said R Mukund, CEO and Founder of Benchmark Digital.
  • Becoming an Alliance Member of the VRF is a key step in Benchmark Digitals mission to enable true investment-grade ESG data.