IFRS Foundation - ISSB (International Sustainability Standards Board)
Definition: A standard-setting body within the IFRS Foundation that develops global sustainability-related disclosure standards for financial markets.
Purpose: Establishes sustainability disclosure standards to enhance global transparency and comparability in corporate reporting.
Purpose: Establishes sustainability disclosure standards to enhance global transparency and comparability in corporate reporting.
GRI (Global Reporting Initiative)
Definition: An independent international organization that helps businesses and governments understand and communicate their impacts on sustainability issues.
Purpose: Provides the GRI Standards, the most widely used framework for sustainability reporting, covering economic, environmental, and social aspects.
Purpose: Provides the GRI Standards, the most widely used framework for sustainability reporting, covering economic, environmental, and social aspects.
CDP (Carbon Disclosure Project)
Definition: A nonprofit organization that runs a global disclosure system for companies, cities, states, and regions to manage their environmental impacts.
Purpose: Collects and publishes data on corporate environmental impacts, including greenhouse gas emissions, water use, and supply chain sustainability.
Purpose: Collects and publishes data on corporate environmental impacts, including greenhouse gas emissions, water use, and supply chain sustainability.
TCFD (Task Force on Climate-related Financial Disclosures)
Definition: An initiative of the Financial Stability Board (FSB) that develops recommendations for effective climate-related financial disclosures.
Purpose: Provides a framework for companies to disclose climate-related financial risks and opportunities to investors and stakeholders.
Purpose: Provides a framework for companies to disclose climate-related financial risks and opportunities to investors and stakeholders.
TNFD (Task Force on Nature-related Financial Disclosures)
Definition: An industry-led global initiative to develop a risk management and disclosure framework for nature-related risks and opportunities.
Purpose: Helps organizations understand and disclose the financial impact of their interactions with nature and biodiversity.
Purpose: Helps organizations understand and disclose the financial impact of their interactions with nature and biodiversity.
OECD (Organization for Economic Cooperation and Development)
Definition: An intergovernmental organization that promotes policies to improve economic and social well-being worldwide.
Purpose: Sets international standards, including guidelines for responsible business conduct and environmental sustainability.
Purpose: Sets international standards, including guidelines for responsible business conduct and environmental sustainability.
UNGC (United Nations Global Compact)
Definition: A voluntary initiative encouraging businesses to adopt sustainable and socially responsible policies.
Purpose: Provides principles-based frameworks in areas like human rights, labor, environment, and anti-corruption for corporate sustainability.
Purpose: Provides principles-based frameworks in areas like human rights, labor, environment, and anti-corruption for corporate sustainability.
European Union - CSRD & ESRS (Corporate Sustainability Reporting Directive, European Sustainability Reporting Standards)
Definition: EU regulations that require companies to disclose sustainability information and comply with European sustainability standards.
Purpose: Mandates sustainability reporting for companies operating in the EU, ensuring transparency and accountability.
Purpose: Mandates sustainability reporting for companies operating in the EU, ensuring transparency and accountability.
United States - SEC (Securities and Exchange Commission)
Definition: The U.S. federal agency responsible for regulating securities markets and protecting investors.
Purpose: Oversees corporate disclosures, including sustainability and climate-related reporting for publicly listed companies.
Purpose: Oversees corporate disclosures, including sustainability and climate-related reporting for publicly listed companies.
China - CSRC & MEE (China Securities Regulatory Commission, Ministry of Ecology and Environment)
Definition: Chinese regulatory bodies overseeing securities markets and environmental protection, respectively.
Purpose: CSRC regulates securities disclosures, while MEE oversees environmental compliance and sustainability reporting.
Purpose: CSRC regulates securities disclosures, while MEE oversees environmental compliance and sustainability reporting.
United Kingdom - FCA & BEIS (Financial Conduct Authority, Business Energy and Industrial Strategy)
Definition: UK regulatory authorities overseeing financial markets and corporate sustainability.
Purpose: FCA regulates financial conduct and sustainability reporting for listed companies, while BEIS sets sustainability policies.
Purpose: FCA regulates financial conduct and sustainability reporting for listed companies, while BEIS sets sustainability policies.
Japan - FSA & TSE (Financial Services Agency, Tokyo Stock Exchange)
Definition: Japanese authorities responsible for financial regulation and stock exchange operations.
Purpose: FSA sets sustainability reporting standards, while TSE requires listed companies to disclose sustainability information.
Purpose: FSA sets sustainability reporting standards, while TSE requires listed companies to disclose sustainability information.
Canada - CSA (Canadian Securities Administrators)
Definition: An umbrella organization for Canada’s provincial and territorial securities regulators.
Purpose: Sets guidelines for sustainability disclosure and corporate governance for companies listed on Canadian exchanges.
Purpose: Sets guidelines for sustainability disclosure and corporate governance for companies listed on Canadian exchanges.
SASB (Sustainability Accounting Standards Board)
Definition: A U.S.-based nonprofit organization that establishes industry-specific sustainability accounting standards.
Purpose: Provides sustainability disclosure guidelines focused on material financial impacts across different industries.
Purpose: Provides sustainability disclosure guidelines focused on material financial impacts across different industries.
IIRC (International Integrated Reporting Council)
Definition: A global coalition that developed the Integrated Reporting Framework, which combines financial and non-financial reporting.
Purpose: Promotes integrated reporting that connects sustainability and financial performance.
Purpose: Promotes integrated reporting that connects sustainability and financial performance.
B Lab - B Corp Certification
Definition: A nonprofit organization that certifies businesses meeting high social and environmental performance standards.
Purpose: Provides B Corp certification to companies demonstrating sustainability and social responsibility.
Purpose: Provides B Corp certification to companies demonstrating sustainability and social responsibility.
ISO (International Organization for Standardization)
Definition: An independent, international standard-setting body that develops and publishes global standards across various industries.
Purpose: Creates sustainability standards, including ISO 14000 for environmental management systems.
Purpose: Creates sustainability standards, including ISO 14000 for environmental management systems.
VRF (Value Reporting Foundation)
Definition: A global organization formed through the merger of SASB and IIRC, providing sustainability reporting frameworks.
Purpose: Offers comprehensive sustainability and financial reporting standards, including SASB Standards and Integrated Reporting Framework.
Purpose: Offers comprehensive sustainability and financial reporting standards, including SASB Standards and Integrated Reporting Framework.
IOSCO (International Organization of Securities Commissions)
Definition: An international body of securities regulators that develops global securities standards.
Purpose: Provides guidance on sustainability disclosure and financial market integrity.
Purpose: Provides guidance on sustainability disclosure and financial market integrity.
World Economic Forum - Stakeholder Capitalism Metrics
Definition: A framework developed by the World Economic Forum for standardizing sustainability reporting across industries.
Purpose: Establishes universal sustainability metrics for companies to report performance aligned with stakeholder capitalism.
Purpose: Establishes universal sustainability metrics for companies to report performance aligned with stakeholder capitalism.