Tag: Taskforce for Climate-related Financial Disclosures
Proxy advisers recommend vote against BP chair
After BP blocks a shareholder resolution on climate reporting, Glass Lewis advises voting against Albert Manifold’s re-election.
News round-up: this week in governance
Directors create risk by using AI; a new phase of diversity in the US; UK publishes sustainability standards; EU firms ‘deprioritise’ ESG.
Organisations can ‘reap the benefits’ of sustainability reporting
Integrating sustainability disclosures gives boards ‘a moment to think long term’ about the business, according to a recent webinar.
Sustainability reporting ‘remains relevant’ amid global shifts
As regions move to adopt different standards, organisations seek to get to grips with the changes in disclosure requirements.
Companies slow to make headway on sustainability reporting
Barely half of organisations surveyed are using the information gathered, finds ACCA research released at COP30 in Belém, Brazil.
‘Non-neutral’ US rules on proxy advisers come under fire
New rules on voting advice based on non-financial factors ‘misrepresent’ proxies’ work, claims advisory firm’s UK lead.
Companies adopt more than one framework for sustainability reporting
Organisations refer to different systems in tandem to prepare non-financial disclosures, ISS research shows.
Government’s advisers endorse new UK sustainability reporting standards
Adopting IFRS S1 and S2 is a ‘crucial step in aligning UK businesses with global reporting practices’, according to regulators.
Boards struggle with CSRD ‘double materiality’ demands
A further challenge emerging from the Corporate Sustainability Reporting Directive is accurate and thorough data collection, survey finds.
Sustainability assurance audits raise competition fears
There is a risk the market may become dominated by the Big Four, a study by the Financial Reporting Council reveals.