Post by hasan77 on Feb 15, 2024 1:22:13 GMT -6
12 GCAS affiliate event. More specifically, we’re talking more than $81 trillion. "That’s significant," Welch said. "This is a huge body of folks who have committed to integrating climate and other ESG considerations into their investment decisions." The state of sustainability reporting GRI established the first corporate sustainability reporting framework in 1997, and more than half the companies that report sustainability information use its standards.
Reporting from a broad perspective, incorporating information aimed at a variety of stakeholders including investors, employees and civil society, and consequently including a wide range of data. SASB was founded in 2011, and its work focuses Uruguay Email List specifically on developing standards for sustainability information that would be material to investors — that is, data that could affect their financial decisions about a company. SASB standards are still provisional but will be finalized and codified in October, Welch said. Although GRI and SASB are among the dominant frameworks for sustainability reporting, other organizations have promoted their own standards as well.
The TCFD drew from existing systems to develop its own reporting framework aimed at promoting alignment across existing disclosure regimes. "GRI is trying to frame what is the impact that organizations are having on the world, which is a different question than what impact is the world having on the organizations," said Eric Hespenheide, president of the organization’s board, at the GCAS affiliate event. "We have a lot of debate within the GRI as to, are we moving away this idea that there should be a holistic reporting of the good and the bad so that it’s a net view of the company or the entity reporting as a whole, as opposed to saying: OK, I think I’ll just talk about water, or I’ll just talk about emissions, and leave all this other stuff that I might be doing off to the side.
Reporting from a broad perspective, incorporating information aimed at a variety of stakeholders including investors, employees and civil society, and consequently including a wide range of data. SASB was founded in 2011, and its work focuses Uruguay Email List specifically on developing standards for sustainability information that would be material to investors — that is, data that could affect their financial decisions about a company. SASB standards are still provisional but will be finalized and codified in October, Welch said. Although GRI and SASB are among the dominant frameworks for sustainability reporting, other organizations have promoted their own standards as well.
The TCFD drew from existing systems to develop its own reporting framework aimed at promoting alignment across existing disclosure regimes. "GRI is trying to frame what is the impact that organizations are having on the world, which is a different question than what impact is the world having on the organizations," said Eric Hespenheide, president of the organization’s board, at the GCAS affiliate event. "We have a lot of debate within the GRI as to, are we moving away this idea that there should be a holistic reporting of the good and the bad so that it’s a net view of the company or the entity reporting as a whole, as opposed to saying: OK, I think I’ll just talk about water, or I’ll just talk about emissions, and leave all this other stuff that I might be doing off to the side.