Five global organisations in sustainability and integrated reporting have together published a paper addressing standards for reporting on enterprise value, illustrated with a prototype climate-related financial disclosure.
The consortium is made up of the Carbon Disclosure Project (CDP), the Climate Disclosure Standards Board (CDSB), the Global Reporting Initiative (GRI), the International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB).
The proposals consider how the different organisation’s current frameworks, standards and platforms, along with elements set out by the Task Force on Climate-related Financial Disclosures (TCFD), can be combined to provide a “running start” for development of global standards that enable disclosure on ways that sustainability issues create or erode enterprise value.
”Sustainable development is the pathway to the future we want for all. It offers a framework to generate economic growth, achieve social justice, exercise environmental stewardship and strengthen governance.
Ban Ki-moonFormer Secretary-General of the United Nations
