While aligning biodiversity standard with the taskforce's framework - seen as the "global baseline" for biodiversity disclosures
Accountants say technology and limited assurance requirements will help overcome sustainability data challenges
EFRAG will add mandatory disclosures to the ESRS to help banks comply with their own regulatory reporting obligations
New Zealand's professional bodies and associations say Scope 3 emission requirements in the country's climate disclosure standards could make compliance challenging.
EFRAG's board voted on ways to reduce the disclosure requirements in the draft ESRS.
But should integrated in business models and drive operational decisions
A proposal to expand the definition to include affected people living at a distance from a company's operations and explicitly include indigenous peoples was debated by the TEG.
Sue Lloyd, Sundip Jadela and Lois Guthrie answered questions on the challenges faced in implementing the sustainability standards.
Are standard setters and commentators losing track of the reality of doing business
The harrowing account of one company's survival in the world of sustainability reporting standards