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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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Can we finally standardize ESG standards?

GreenBiz

Consolidated ESG standards: Recently, four leading ESG standards organizations — GRI, the Sustainability Accounting Standards Board (SASB); CDP (formerly the Carbon Disclosure Project); the Carbon Disclosure Standards Board (CDSB); and the International Integrated Reporting Council (IIRC) — declared their intent to collaborate.

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The 33 sustainability certifications you need to know

GreenBiz

The world of corporate sustainability reporting is not for the faint of heart. Global Reporting Initiative (GRI) Professional Certification. Integrated Reporting (IR) Fundamentals of Integrated Reporting Certificate. To make things even more complicated, the landscape is changing at a rapid pace.

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Both Hands on the Wheel

Chris Hall

The global standards are based on an ‘enterprise value creation’ or financial materiality approach, in which sustainability impacts are measured in terms of impacts on the financial position and prospects of the company itself. Therefore it is integral to the aim of enterprise value creation in any case.

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Defining Sustainable Economic Systems – Development vs Growth

Richard Matthews

Sustainable capitalism resists short-term thinking and endeavors to maximize long-term economic value creation. This definition is in line with the three pillars of sustainable development (economic, social, and environmental). . However, it remains focused on profit maximization. The circular economy.

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What CFOs Need to Know About Future ESG Reporting Standards

Chris Hall

Increased stakeholder awareness of the impact corporations have on the environment means investors are increasingly making decisions based on non-financial data, and supporting practices that result in long-term value creation. Better MI and reporting around ESG can also help manage downside risk.