SUSTAINABILITY-RELATED REPORTING

This guide, created by the A4S Accounting Bodies Network:

• Provides an overview of the changing corporate reporting landscape
• Summarizes key developments in sustainability reporting and how these impact on the role of the accountant
• Highlights how this area is likely to evolve, signposting to further resources

Our resources include insights into IFRS S2 Climate-related Disclosure requirements, guidance on implementations, and practical examples exploring best practices.

A series of briefings on the key actions finance teams can take to respond to future sustainability reporting requirements, on the following themes:

• Governance over sustainability reporting
• Sustainability materiality and metrics
• Sustainability data collection
• Sustainability reporting frameworks

This practical example looks at how Levi's used their 2020 sustainability report to bring together all of their environmental and social reporting into one holistic report, including top tips from their finance team and next steps.

A collection of examples from organizations implementing the recommendations of the FSB Task Force on Climate-related Financial Disclosures (TCFD). The series:

• Is designed for finance teams
• Covers practical steps that finance teams can take
• Includes top tips from leading companies

A4S has taken part in the European Commission’s ESRS delegated act consultation. We have submitted our feedback today, which, from our conversations with preparers and other key players in the finance value chain, are particularly important to the finalization and implementation of the proposed European Sustainability Reporting Standards.

On 26th June, the International Sustainability Standards Board (ISSB) issued the first two IFRS Sustainability Disclosure Standards – IFRS S1 and IFRS S2. The standards were created by the ISSB, which is part of the IFRS Foundation. A4S welcomes this important step towards achieving a global sustainability reporting standards targeted at meeting capital market needs and encourages businesses, investors and other stakeholders to engage in their implementation and further developments.

Greenwashing takes place when companies misrepresent – whether on purpose or not – their sustainability credentials and performance. This blog from A4S explores environmental and climate-related claims and how and why greenwashing occurs.

A4S is delighted to announce its collaboration with the IFRS Foundation to build capacity in finance teams globally, equipping them to provide high quality sustainability reporting. 

Responding to the International Sustainability Standards Board’s (ISSB) consultation on agenda priorities, A4S continues to support the development of a global baseline for sustainability standards.

Over 80 global Chief Financial Officers from around the world and investors representing more than £620 billion in assets under management, convened by A4S, have signed respective statements in response to the ISSB's proposed IFRS Sustainability Disclosure Standards. The statements welcome the role of the IFRS, and call for global alignment on sustainability reporting and for the IFRS to improve upon its proposed standards in a number of ways.

A4S has submitted our own full response to the ISSB consultation on the proposed IFRS Sustainability Disclosure Standards. Read A4S's individual response here.