Non-Financial Reporting Standards: What Impact on Corporate Climate Accountability?
The Observatory's new analysis note offers an analysis of the regulatory and private standards currently being developed to regulate environmental, social and governance (ESG) reporting practices.
ISSB, CSRD, Securities and Exchange Commission (SEC) … Several new regulatory and private standards are currently being developed to regulate environmental, social and governance (ESG) reporting practices, which generally make up the three pillars of extra-financial analysis. What are the differences and similarities between them? Are they likely to strengthen businesses’ climate ambitions?
The Observatory takes a closer look at the challenges and initiatives to standardise the norms for extra-financial reporting that aim to better frame, regulate and harmonise information on corporate sustainability.
In the run-up to the 1st Global Stocktake GST, which will look at the collective progress made by the States party to the Paris Agreement at COP28, it is urgent that non-state actors, international institutions and the evaluation community align themselves with the best standards of climate accountability. Beyond reporting, it is essential to raise our standards for the evaluation of climate action.
Read here the note published by Antoine Gillod, Director of the Climate Chance Observatory.
On Global Stocktake (GST), consult the Observatory’s note here « COP28: What to expect from the first Global Stocktake of the Paris Agreement? »