IFRS Foundation announces International Sustainability Standards Board, consolidation with CDSB and VRF, and publication of prototype disclosure requirements
Read the detailed summary of the announcement made at COP26 in Glasgow
CDSB Launches Biodiversity consultation
CDSB is pleased to announce the release of its Biodiversity application guidance, which is now open for consultation.
Guidance and online course launched by CDSB to help companies disclose water-related financial information to investors
The Water Guidance offers companies a means of developing their reporting practices and ensuring that investors are receiving the information needed to drive the transition to a sustainable, resilient, and water secure economy.
CDSB welcomes UK’s leadership in mandatory TCFD implementation
The UK’s consultation to implement the TCFD in its mandatory requirements means that it could be the first G20 country to implement the Task Force’s recommendations.
CDSB welcomes IFRS statement on sustainability standards
A welcome pace as IFRS Trustees take further steps towards a global approach to sustainability standards.
CDSB’s reactions on the EFRAG report on EU sustainability reporting standard-setting
The EU Commission-appointed European Financial Reporting Advisory Group (EFRAG) Project Task Force published its final report on the creation of European non-financial reporting standards. CDSB welcomes recommendations on international co-construction and digitisation, but cautions around areas of duplication that can be avoided.
CDSB welcomes SEC move to focus on climate-related disclosure in public company filings
CDSB welcomes Acting Chair Allison Lee's announcement that she is directing the SEC to enhance its focus on climate-related disclosure in public company filings and revise its existing guidance on climate-related disclosure. CDSB stands ready to support the SEC and the US market in improving climate-related disclosures in their mainstream filings.
CDSB calls for regulatory change following review of European corporate environmental disclosures
The third consecutive review of environmental and climate-related disclosures in Europe shows signs of improvement, but the information remains insufficient for investment decision-making.
The CDSB offers free consultation on climate-related reporting for EU businesses
What is the Enhanced Reporting Europe campaign?
New Zealand becomes first to implement mandatory TCFD reporting
CDSB reaffirms its commitment to support New Zealand businesses and the market in implementing these new requirements.
Major framework- and standard-setting institutions commit to working on a global comprehensive reporting system
Five global organisations, whose frameworks, standards and platforms guide the majority of sustainability and integrated reporting, announce a shared vision of what is needed for progress towards comprehensive corporate reporting – and the intent to work together to achieve it.
Coalition publishes 7 recommendations for the upcoming Non-Financial Reporting Directive (NFRD)
ACCA, Accountancy Europe, Association of German Banks (BdB), CDSB, EFAMA, Frank Bold, IIGCC, Schroders, ShareAction, WWF have decided to form an informal group on Sustainable Finance. The group is used as a platform for collaboration and coordination and can serve in the future as a useful forum for further interactions with the EU institutions.
78% of Europe’s largest companies falling short of adequately reporting environmental and climate-related risks despite EU guidelines
Current corporate reporting practices could fall short on delivering on the objectives of the European Green Deal and the 2050 climate neutrality target.
CDP and CDSB team up to provide the building blocks for successful TCFD disclosure
Connecting CDP disclosures with the CDSB Framework to satisfy the TCFD recommendations
CDSB and CDP release handbook to meet challenges of environmental and climate reporting across the EU
The EU Environmental Reporting Handbook evaluates company disclosure in line with the Non-Financial Reporting Directive
Framework consultation launches to drive uptake of nature-related financial disclosure globally
CDSB launches consultation to advance the disclosure of nature-related financial information in the mainstream report and explore the role of the CDSB Framework in this process.
Leading framework provider joins the Japan TCFD Consortium as a “knowledge partner”
Memorandum of Cooperation exchanged with the Japan TCFD Consortium and the Climate Disclosure Standards Board (CDSB).
Corporate Reporting Dialogue shows high level of alignment between major global reporting frameworks on TCFD recommendations
Better Alignment Project report released today shows high levels of alignment between the frameworks on the basis of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations
Major standards setters release TCFD Good Practice Handbook
SASB and CDSB release handbook, highlighting real-world reporting on climate-related financial risks and opportunities
TCFD Knowledge Hub launches climate disclosure e-learning courses to accelerate implementation of TCFD recommendations
Online learning platform offers courses designed to foster higher quality and more consistent climate-related financial disclosures.
Financial and non-financial reporting frameworks share common founding principles of transparency and accountability
The position paper sets out the seven key principles report preparers should follow for achieving such transparency and accountability.
Corporate Reporting Dialogue consultation reveals urgent market call for indicator alignment on climate
Participants of the Corporate Reporting Dialogue will announce the findings of their global market consultation on building better alignment via a webinar on Tuesday 25 June 2019.
Second TCFD Status Report Shows Steady Increase in TCFD Adoption
Nearly 800 organizations have now expressed support for the TCFD and its recommendations.
CDSB and SASB release TCFD Implementation Guide
CDSB and SASB partner to create how-to guide for climate-related disclosures
Corporate Reporting Dialogue announces market consultation on building better alignment
Six-week global consultation process including online surveys and roundtables
Standard setters and framework providers to support better reporting on the Sustainable Development Goals
Position paper from major international corporate reporting standard setters and framework providers
Report: Environmental, social and governance (ESG) reporting landscape in Japan
New study shows that sustainability and integrated reporting have increased in Japan due to market drivers and investor expectations
Less than half of Europe’s biggest companies tracking impact of climate change in annual reports
Company management reports found lacking key environmental and climate information, with French and UK companies most in line with EU regulation.
Leading corporate reporting bodies launch two-year project for better alignment
Major international corporate reporting standard setters and framework providers have today announced a ground-breaking new two-year project focused on driving better alignment in the corporate reporting landscape, to make it easier for companies to prepare effective and coherent disclosures that meet the information needs of capital markets and society.
TCFD Knowledge Hub hits 400 resources, now accepting case studies and upcoming events
As resources on the platform continue to grow, two new sections will be launched in September 2018
CDSB statement on the UK Environmental Audit Committee’s report
Today the UK Environmental Audit Committee released its latest report “Greening finance: embedding sustainability in financial decision making”, as a result of its Green Finance Inquiry into climate change reporting regulation.
TCFD and CDSB launch Knowledge Hub to help organizations implement the TCFD recommendations
The first online platform dedicated to the latest resources, tools and insights on the TCFD recommendations.
Report released today reveals opportunities for harmonization in sustainability and corporate governance reporting
Today, the World Business Council for Sustainable Development (WBCSD) and the Climate Disclosure Standards Board (CDSB) released its second report as part of a series called Insights from the Reporting Exchange.
New report helps business navigate global sustainability reporting trends
Today, the World Business Council for Sustainable Development (WBCSD) and the Climate Disclosure Standards Board (CDSB) released a new report that maps global and regional Environmental, Social and Governance (ESG) reporting trends.
Is China stepping up? Celebrate Chinese New Year by diving into the country’s sustainability reporting trends
Today, the World Business Council for Sustainable Development (WBCSD) and the Climate Disclosure Standards Board (CDSB) release the second case study in a series designed to provide insights into the sustainability reporting trends across various countries covered by the Reporting Exchange.
The Reporting Exchange launches today: the global resource for corporate sustainability reporting
We are launching today the Reporting Exchange - the single most up to date and comprehensive source of information on sustainability reporting requirements and resources currently available.
Global leading companies commit to disclose climate risks within three years
A group of ten companies across seven sectors become the first companies to make the commitment to implement the recommendations of the Task Force on Climate-related Financial Disclosures within three years
The SASB and CDSB Outline TCFD Readiness
Standards setters come together to support recommendations from the Task Force on Climate-related Financial Disclosures
New initiative showcases companies committing to disclose climate-related financial risks
This commitment will showcase forward-thinking businesses looking to report the financial risks and opportunities that climate change creates in order to align their disclosures with investors’ needs.
Rapid, high-quality implementation of TCFD recommendations needed to build a sustainable financial system
The release by the Task Force on Climate-related Financial Disclosures (TCFD) of their final recommendations proves beyond doubt the business case for making climate disclosure common market practice.
EU Non-Financial Reporting guidelines in line with TCFD recommendations make strong case for climate disclosure
The European Commission released yesterday a set of non-binding guidelines to help companies comply with the EU Non-Financial Reporting (NFR) Directive, a key piece of legislation which mandates over 6,000 companies across Europe to disclose information related to their environmental, social and governance performance.
Sustainability Accounting Standards Board’s Chair joins CDSB’s Board
SASB Chair Dr Jean Rogers has joined, further strengthening the alignment between the two organizations.
CDP and CDSB welcome Task Force recommendations as a major step forward for further mainstreaming climate disclosure
CDP and CDSB respond to the release of the Task Force phase II report.
EU countries must adopt directive extending mandatory reporting of environmental and non-financial information
The new EU directive on non-financial reporting will affect 6,000 companies from 1 January 2017
Climate Disclosure Standards Board wins Finance for the Future award
The Climate Disclosure Standards Board (CDSB) won the Finance for the Future Award for the Public and Third Sector category at the awards ceremony held in London on 13 October.
WBCSD and Natural Capital Declaration join CDSB’s Technical Working Group
New members join CDSB's Technical Work to support the Reporting Framework's expansion to Water and Forest reporting
Mardi McBrien, CDSB's Managing Director awarded Environment Award
Mardi McBrien, CDSB Managing Director was awarded the Sheila McKechnie Foundation (SMK) Environmental Award. The foundation rewarded her campaigning for companies to act on the risks and opportunities related to climate change.
CDP, CDSB and IIRC announce collaboration to accelerate integrated reporting
18th July 2013: CDP, the Climate Disclosure Standards Board (CDSB) and the International Integrated Reporting Council (IIRC) today announce an alliance that will achieve greater momentum towards the evolution of better corporate reporting, in order to enable investors and other decision-makers to accelerate a transition to a resource-efficient economy.
Mandatory greenhouse gas reporting passed UK Parliament, CDSB Reporting Framework method of compliance
17th July 2013: The UK parliament has today passed amendments to the Companies Act 2006, which will require all UK quoted companies (ie with equity shares listed on London Stock Exchange Main Market, NYSE or NASDAQ, or any EEA regulated market) to report greenhouse gas emissions in their Strategic or Directors’ Reports.
CDSB collaborating with Group of Friends of Paragraph 47
The Secretariat of the Group of Friends of Paragraph 47, a consortium of governments supporting sustainability reporting, released a draft Frequently Asked Questions document on Corporate Sustainability Reporting for comments, prepared in collaboration with CDSB. The public consultation ends June 7 2013.
CDSB welcomes new members to its Technical Working Group
CDSB is pleased to welcome new members: Andrew Collins(SASB), Christian Hell (KPMG), Ian Wood (BT), Jackie Cook (Fundvotes), James Leaton (Carbon Tracker), Jane Thostrup-Jagd(Maersk), Mike Reid (Grant Thornton), Peggy Foran (The Climate Registry) and Tom Baumann(Interactive Leader) to its Technical Working Group. Their various expertise, will be invaluable to CDSB’s work and developing our mission.