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ESG Acronyms and What They Mean

3BL Media

General sustainability definitions Climate risk Two types of climate risks exist, transition risks and physical risks. The Value Reporting Foundation (VRF) was further consolidated into the International Sustainability Standards Board (ISSB) in 2022. Let’s get into it.

UNSDG 147
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Both Hands on the Wheel

Chris Hall

Meanwhile, the different definitions of determining the materiality in what should be reported by companies between the European and global standards, have been seen by some as the biggest obstacle between the two. Table: Comparison of climate disclosures in the EU and international reporting standards.