‘Single all-encompassing framework’ needed for sustainability reporting
Research by the Better Alignment Project highlights confusion over differing sustainability reporting frameworks and the language and taxonomy they use.
Image: Alex Brylov/Shutterstock
When it comes to sustainability reporting, corporate accounting departments are confronted with a plethora of choices; a huge number of systems that could be used to report a company’s environmental, social and governance credentials. This perhaps explains why one key finding from a recent research project was a call for “a single all-encompassing framework”.
It wasn’t the only finding. Undertaken by the Better Alignment Project, a working group established by the Corporate Reporting Dialogue (CRD), the research also found that connections between different reporting frameworks are poorly communicated to users, while the frameworks
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
Hong Kong beefs up anti-money laundering and corporate disclosure laws
As Hong Kong's anti-money laundering and corporate disclosure laws come under the spotlight, financial crime experts predict an exodus of billions of dollars from the island.
-
Leadership in risk: share your experiences
Board Agenda, in conjunction with the INSEAD Corporate Governance Centre and Mazars, would like to hear how directors across Europe are managing this crucial area of business.
-
EU lawmakers back plans for greater CO2 cuts in key sectors
Carbon emissions from the transport, farming, building and waste sectors must reduce by 30% by 2030, suggests the European Commission—a proposal which the European Parliament supports.
