Tom Pfeiffer

The International Sustainability Standards Board (ISSB) and GROUPE CONSULTATIF SUR L'INFORMATION FINANCIERE EUROPEENNE - EUROPEAN FINANCIAL REPORTING ADVISORY GROUP have published guidance to illustrate the high level of alignment achieved between the ISSB Standards and the ESRS. This educational material has been designed to reduce complexity, fragmentation and duplication for companies applying both the ISSB Standards and ESRS. This is an important step in harmonisation of sustainability standards which is important for businesses operating across a number of jurisdictions. The guidance sets out what a company starting with either set of standards needs to consider when also intending to comply with the other set. #sustainabilityreporting https://lnkd.in/eB8Mr5v7

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Should EFRAG's guidance for Corporate Sustainability Reporting Directive (CSRD) regarding the Double Materiality Assessment trigger financial institutions to revisit their initial assessment?   Valcon's new Sustainable Finance advisory lead, Jeffrey Colin, outlines key considerations for financial institutions to ensure successful 2024 CSRD reporting.     Get the full story here: https://lnkd.in/dP2s6mFW #CSR #CSRD #sustainability #financialinstitutions #implementingyourfuture

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The European Financial Reporting Advisory Group (EFRAG) and the Task Force on Nature-related Financial Disclosures (TNFD) publishes a correspondence mapping for sustainable disclosure standards, aiming to illustrate the relationship between European Sustainability Reporting Standards (ESRS) and TNFD recommendations #esg #esginvesting

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Looking for practical tips on how your organization can create a successful audit strategy for reporting on climate risk mitigation efforts? Look no further. Your audit teams can provide assurance for climate risk disclosures in four steps: 1️⃣ Start with a materiality assessment, using a double materiality assessment or a single materiality assessment 2️⃣ Put the right data governance structure in place to conduct effective audits 3️⃣ Bring the board on board, meaning when auditors begin the reporting process, involve your board 4️⃣ Begin preparing for where you want your organization to go Want to dive deeper? Check out the full scope of these steps in our blog. 👉 https://bit.ly/3VoQlVj #ClimateRisk #RiskMitigation #AuditStrategy #ESG

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