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What companies need to know about the first ISSB standards
WEBAug 29, 2023 — issb Standards provide a single global baseline for companies to report on their sustainability-related risks and opportunities. Any additional jurisdictional requirements can be built on top of this global baseline. The issb’s work has international backing. Investors, companies, policy-makers and market regulators from around the world have
Weforum.orgWorld Economic Forum and ISSB Partner to Compile Learnings …
WEBJun 6, 2023 — The Preparers Group will continue the collaborative work of the World Economic Forum and issb to achieve a comprehensive global baseline for sustainability reporting. The group will share insights and best practices from corporations reporting on forthcoming issb Standards with a focus on building capacity among companies to …
Weforum.orgWhat the new corporate disclosure rules might mean for business
WEBApr 6, 2022 — The European Union has its own corporate sustainability reporting directive (CSRD) that comes into force in January 2023, with the first set of mandatory annual sustainability reports expected in 2024. The CSRD goes beyond the issb by including "double materiality," meaning the impact of a company on the environment and not just …
Weforum.orgGDP: What is it and why does it matter? - The World Economic …
WEBMay 19, 2022 — GDP measures the health of national and global economies, the International Monetary Fund (IMF) explains. GDP data is based on the total end value of all goods and services produced in a country over a particular period. Measuring GDP shows the size and growth rate of an economy. There are three ways to calculate GDP, …
Weforum.orgMeasuring Stakeholder Capitalism - The World Economic Forum
WEBJul 13, 2023 — The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum …
Weforum.org60 organizations release open letter for EU to act on ESG
WEBOct 25, 2021 — 60 organizations released an open letter for the European Union to act on ESG disclosure standards. They encourage the European Commission to promote a global baseline set of standards through supporting the IFRS Foundation on the launch of the International Sustainability Standards Board (issb). Find the full text of the letter below.
Weforum.org8 leaders at Davos on how businesses can deliver on ESG promises
WEBMay 21, 2022 — Yet, without definitive standards, sustainability reporting remains complex – and a barrier to progress. Ahead of the World Economic Forum Annual Meeting in Davos 2022, business leaders provided insights on how companies can track and deliver on ESG promises. There are, allegedly, $2.7 trillion in assets now managed in more than 2,900 …
Weforum.orgHow to navigate sustainability in the automotive industry
WEBMay 2, 2024 — Navigating sustainability with RAVC. The journey towards sustainability in the automotive industry starts with understanding the landscape and identifying targets most relevant for automotive companies. Regulatory bodies, including across Europe, the United States, China and India have defined policies and targets aligned with environmental …
Weforum.orgHow business leaders can prepare for new climate reporting …
WEBJun 26, 2023 — The four priority areas for change. This whole-of-economy change is coming quickly and to prepare for success in this new economy, leaders should prepare by building credible and transparent disclosure regimes, which comply with the new standards. A company’s board of directors will play a critical role in overseeing the development and
Weforum.orgWe're entering a new era for sustainable investment. Here's why
WEBJun 19, 2023 — At COP26, the IFRS Foundation launched the issb. The IFRS’s sustainability standards setting has been backed by the G7, the G20, the International Organization of Securities Commissions (IOSCO), the Financial Stability Board (FSB), African finance ministers and finance ministers and central bank governors from more …
Weforum.org