A rising proportion of the UK’s makers are setting sustainability targets, but find it difficult to assess their suppliers’ ESG progress.
In a move to boost sustainability assurance and cut greenwash, auditors are given ‘a clear framework of expected behaviour’.
But American investors are more likely to disclose their shareholder activism than EU counterparts, recent research reveals.
The UK pension fund notes in voting guidelines that the ISSB reporting standards IFRS S1 and S2 should be seen as a ‘minimum’.
Regulators have expressed concern about sustainability linked loans and ‘greenwashing’, a recent panel discussion revealed.
Corporates with an international presence need to understand the incoming disclosure demands from regulators, a webinar panel agreed.
There is a need for firms to make ‘clearer, more decision-useful disclosures’, says the Financial Reporting Council.
The International Sustainability Standards Board’s guidance is aimed at improving trust in climate-related disclosures.
There are fewer top-scoring organisations than last year and little improvement overall, finds Climate Disclosure Project survey.
The first annual disclosures vary in the quality of data provided and lack balanced discussion of future opportunities, say watchdogs.