ESG

SEC Proposed Enhanced ESG Disclosures by Investment Companies in Inline XBRL

The Securities and Exchange Commission (SEC) published a rule proposal on Enhanced Disclosures by Certain Investment Advisers and Investment Companies About ESG Investment Practices. As proposed, this rule would require registered investment advisers, certain advisers that are exempt from registration, registered investment companies, and business development companies, to provide additional information regarding their environmental, social, and […more]

Digitized ESG Reports Demonstrate Value of Machine-readable Sustainability Data

Moody’s Corporation and Etsy, Inc. sustainability-related data published in Inline XBRL XBRL US announced today the publication of corporate sustainability data in machine-readable XBRL format for Moody’s Corporation, the parent company of Moody’s Investors Service and Moody’s Analytics, and Etsy, Inc., which operates two-sided online marketplaces that connect millions of passionate and creative buyers and […more]

Supporting ESG Data with Standards

Executive Summary Data used for investment decisions, policy-setting and risk assessment should be made available in non-proprietary machine-readable formats. Current best practices for disclosures as machine-readable data have improved quality, reduced the cost of processing, and improved timeliness and usability of reported data. Prepared by: XBRL US ESG Working Group chaired by: Anna Kwok, Vice […more]

ISSB Announces Consultation on General Sustainability and Climate-related Standards

The International Sustainability Standards Board (ISSB) launched a consultation on its first two proposed standards. One sets out general sustainability-related disclosure requirements and the other specifies climate-related disclosure requirements. The two proposed standards are out for a consultation period ending July 29, 2022. The ISSB noted that it will review feedback in the second half of 2022 […more]

SEC Proposes Climate Disclosure Mandate, Supported by Inline XBRL

The Securities and Exchange Commission (SEC) announced that they are proposing a mandate of climate-related disclosures which will include narrative as well as quantitative facts. Furthermore, they are requiring this data to be reported in Inline XBRL format. The Commission vote was 3 to 1 in favor. The proposal would also require attestation on the […more]

IRIS Webinar: Digital ESG Reporting – A 360 Overview – From Concept to Reality

3PM ET Thursday, February 24, 2022
IRIS Webinar hosted by IRIS Business Services LLC
Register for this Free Event

Environmental, Social, and Governance (ESG) issues have gained much traction in recent times. The alarm over a ticking time bomb that is climate change, the need to monitor the impact of business activities on society, and an emphasis on corporate governance factors have caused investors to seek out information that is usually left out of […more]

Webinar: Supporting ESG Data with Standards

3:00 PM EDT Wednesday, January 19, 2022
XBRL US Webinar
Watch / listen to replay

Demand for corporate Environmental Social Governance (ESG) data continues to grow among investors, policy setters, and the public. Regulators worldwide are taking action. The IFRS Foundation has formed the International Sustainability Standards Board (ISSB) tasked with creating digitized ESG standards. The U.S. Securities and Exchange Commission (SEC) is expected to announce a rule proposal on […more]

XBRL US Comments on Environmental Protection Agency Strategic Plan

XBRL US responded to the Environmental Protection Agency Request for Comment on their Strategic Plan 2022-2026. Recommendations made by XBRL US centered on the third of the EPA key principles, “follow the science, follow the law, and be transparent“. The EPA collects a vast amount of data in its work to support seven strategic goals. As […more]

IFRS Foundation Formation of International Sustainability Standards Board

On November 4, 2021, the IFRS Foundation announced the formation of the International Sustainability Standards Board which will develop a comprehensive global base of sustainability disclosure standards to meet investor needs for ESG-related data. They also announced the consolidation of the Climate Disclosure Standards Board (CDSB) and the Value Reporting Foundation (which is composed of […more]

SEC Commissioner Lee Speech at Investor Action on Climate Webinar

On October 21, the Securities and Exchange Commission published comments by SEC Commissioner Allison Herren Lee at the PRI/SLEG (Principles for Responsible Investment and the London Stock Exchange Group) Investor Action on Climate Webinar.  In her speech, Commissioner Lee noted: “…our staff is actively engaged now in assessing how we can best facilitate the disclosure […more]