The June 2024 edition of the Policy Digest explores latest international updates including the International Financial Reporting Standards (IFRS) Foundation’s new Guide to support the jurisdictional adoption and use of the IFRS S1 and S2 standards, and the Global Reporting Initiative’s (GRI) proposed changes to labour and employment standards. In the European Union, legislation progressed on several fronts with the…
Guest Post: Three Ways AI Can Transform ESG Reporting
By: Maria Patschke, CEO of ESG Solutions, SAP Fioneer In today’s rapidly evolving landscape of Environmental, Social, and Governance (ESG) reporting, organisations face a myriad of challenges. With increasing regulatory oversight and the introduction of new directives such as the Corporate Sustainability Reporting Directive (CSRD), companies are under more pressure than ever to produce comprehensive and accurate ESG reports. These…
Three Quarters of Companies Say CSRD Leading to Increased Sustainability Integration in Business Decisions: PwC Survey
Approximately three quarters of companies preparing to report under the EU’s Corporate Sustainability Reporting Directive (CSRD) say that they are increasing the integration of sustainability into their decision-making processes, and many are also reporting a wide range of benefits, ranging to improved environmental performance to revenue growth, from sustainability reporting, according to a new survey by global professional services firm…