All reporting articles – Page 3
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PRI pushes for ESG clarity axing reporting rules, asking members to pick motivations
UN-backed body plans to overhaul its expectations from members in response to changing responsible investment landscape
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Dutch pension funds in the dark on ESG risks, says DNB
The lack of ESG risk management contrast with three quarters of pension funds that now have named a specific person in the board to be responsible for ESG
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IASB to explore options to improve accounting for climate, other risks
The board will likely focus on targeted changes covering topics such as estimates, disaggregation and materiality
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Keva wins clearer picture of public-sector disability risk with new model
Finland’s biggest pension fund says early intervention can significantly reduce the risk and cost of worker incapacity
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ExxonMobil Pension Plan gets first ever TPR fine on climate change reporting
In a response to the Regulator, the trustees assured TPR they ‘took their climate reporting obligations seriously and that their non-compliance was inadvertent’
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ISSB’s approach to SASB standards wins qualified support
Critics of the SASB standards argued they were too focused on US capital markets to be relevant to an international audience
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ISSB, European institutions collaborate to align sustainability reporting standards
‘We will be well placed to ensure investors are provided with better information for better economic and investment decision making,’ says ISSB’s vice chair
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EDHEC-Risk concerned about availability and quality of ESRS disclosures
the institute is also calling for industry efforts to standardise materiality assessments to reduce the cost and enhance the relevance of disclosures
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USS reduces carbon emission intensity by 21% but warns more needs to be done
‘The government and regulators have a huge part to play here, not least by ensuring a predictable, transparent, and stable regulatory environment,’ says Innes McKeand
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ISSB vice-chair calls for clear steer on workplan priorities
The board needs to ‘get as much colour as we can from our stakeholders’ in order to make informed decisions about its priorities, says Sue Lloyd
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DACH roundup: Returns on equities boost Swiss pension schemes’ funding ratios
Plus: BaFin lays out classification method for pension funds’ assets according to SFDR
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Actuaries urge financial sector to be ready for changes to biodiversity reporting
The Taskforce for Nature-related Financial Disclosure is expected to publish its risk management and disclosure framework in November
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DCIF calls for consistent template for TCFD reporting for master trusts
Greater standardisation of reports should become common practice, the forum recommended
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Key players welcome release of IFRS S1, S2 sustainability standards
The knotty issue of materiality remains, however, a key issue in the ongoing discussion around the new standards
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Industry leaders show support for ISSB standards
The ISSB standards are a significant step forward in the development of global sustainability reporting standards
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ISSB releases ‘robust’ inaugural sustainability reporting standards
The standards ‘have been designed to help companies tell their sustainability story in a robust, comparable and verifiable manner,’ says ISSB chair
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ISSB urged to re-think approach to human capital, rights
A new group – the Forum ISSB Preparers Group – will offer ISSB insights and perspectives to achieve a comprehensive global baseline for sustainability reporting
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UK launches review of non-financial reporting rules, will assess ISSB standards
The assessment process is expected to begin once the ISSB has published its first two standards
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FRC seeks input on proposed changes to UK corporate governance code
The amendments are broadly technical and do not address fundamental concepts such as ‘comply or explain’
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BaFin challenges German pension funds, asset managers with costs reporting
The supervisory authority is carrying out a one-off investigation on costs of IORPs in Germany