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The Role of Governance in ESG Reporting: A Cross-Regional Analysis

BlogsOctober 28, 2024688Views0Likes0Comments
Governance is a critical pillar in ESG reporting, alongside environmental and social factors, as it ensures transparency, risk management, and accountability to shareholders and stakeholders. Effective governance builds trust and confidence in a company’s decision-making, aligning actions with long-term sustainability goals. By establishing clear and transparent structures, companies can better manage risks, proactively addressing challenges…

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Corporate Biodiversity Disclosures Surge 43% Following Global Biodiversity Framework Adoption

NewsOctober 28, 2024384Views0Likes0Comments
Corporate biodiversity disclosures have surged by 43% since the adoption of the Global Biodiversity Framework (GBF) in 2022, often referred to as the “Paris Agreement for nature,” according to new data from CDP. The latest findings come as global leaders gather in Colombia for COP16 to discuss the Kunming-Montreal GBF implementation and set ambitious policies…

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ESMA Releases 2024 European Common Enforcement Priorities for Corporate Reporting

NewsOctober 25, 2024391Views0Likes0Comments
The European Securities and Markets Authority (ESMA), the European Union's regulator and supervisor for financial markets, has released its annual European Common Enforcement Priorities (ECEP) Statement for corporate reporting in 2024. For 2025, ESMA and European enforcers will focus on the following key areas: IFRS Financial Statements: Emphasizing liquidity considerations, accounting policies, judgements, and significant estimates.…

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EPA Updates Regulations to Protect Children from Lead Paint Dust Risks

NewsOctober 24, 2024340Views0Likes0Comments
Today, October 24th, the U.S. Environmental Protection Agency (EPA) finalized stricter standards for identifying and cleaning up lead paint dust in homes and childcare facilities built before 1978. Announced during National Lead Poisoning Prevention Week, this measure is part of President Biden’s broader strategy to reduce lead exposure, especially for children, who are most vulnerable…

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GRI and Climate & Company Partner to Elevate Corporate Reporting for Sustainable Progress

NewsOctober 23, 2024348Views0Likes0Comments
GRI has partnered with Climate & Company, a global non-profit think-tank focused on sustainable finance, to advance the adoption of international sustainability reporting standards across the value chain. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to enhance informed decision-making for companies, investors, and other stakeholders. Climate & Company bridges policy-making, the financial sector,…

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Navigating the Future of ESG: Strategic Priorities and Regional Challenges for Companies in the EU, US, UK, and Canada

BlogsOctober 21, 2024690Views0Likes0Comments
With Environmental, Social, and Governance (ESG) frameworks gaining prominence, companies in the EU, US, UK, and Canada are confronting a dynamic regulatory and operational environment. Intensified investor focus, tighter regulations, and evolving consumer demands are pushing businesses to anticipate and adapt to the future of ESG. However, the challenges and opportunities differ across regions, requiring…

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Brazil to Seek Input from Indigenous Communities on Carbon Credit Agreements

NewsOctober 21, 2024359Views0Likes0Comments
The preservation of the Amazon rainforest is vital to addressing global warming, with carbon credits forming a crucial element of this strategy. However, concerns have been raised due to insufficient consultation with Indigenous communities, who play an essential role in forest conservation and must be included in the distribution of benefits from carbon credit agreements.…

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Why Sustainable soy is critical to saving the Cerrado

NewsOctober 21, 2024296Views0Likes0Comments
Deforestation associated with soy production in Brazil remains a persistent issue. While deforestation has slowed in parts of the Amazon—one of the country's critical biomes—extensive areas of the Cerrado continue to be cleared and cultivated. In September, the report Land Grabbing and Ecocide examined the ongoing deforestation caused by U.S. businesses with interests in Brazil. Gaurav…

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​Preparing for the Future of ESG: What Companies in the EU, US, UK, and Canada Should Expect

BlogsOctober 18, 2024445Views0Likes0Comments
ESG factors have become integral to corporate strategy, risk management, and long-term value creation. As regulatory frameworks surrounding ESG evolve, businesses must proactively prepare for emerging requirements. This blog aims to provide a comprehensive overview of current and forthcoming ESG regulatory developments in the EU, US, UK, and Canada, equipping organizations with the essential insights…

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Indonesia, Malaysia, and the EU develop a guide for smallholders on EU deforestation rules

NewsOctober 16, 2024277Views0Likes0Comments
Indonesia, Malaysia, and the European Union will jointly develop a practical guide to the EU Deforestation Regulation (EUDR) for smallholders by November, according to the Council of Palm Oil Producing Countries (CPOPC). This intergovernmental body, which includes major palm oil producers such as Indonesia, Malaysia, and Honduras, announced that the collaboration aims to support smallholders…

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