Items tagged with "Sustainability"

XBRL US Comments on EFRAG Consultation for ESRS Taxonomy

XBRL US commented on the European Financial Reporting Advisory Group (EFRAG) consultation on the European Sustainability Reporting Standards (ESRS) Taxonomy.  The XBRL US comment letter provided input on technical issues related to taxonomy development. Read: XBRL US Comment on ESRS Taxonomy

EFRAG Consultation: European Sustainability Reporting Standards (ESRS) Taxonomy

The European Financial Reporting Advisory Group (EFRAG) has published a consultation on the European Sustainability Reporting Standards (ESRS) Taxonomy. Comments to the consultation are due April 8, 2024.

SEC Final Rule on Climate-Related Disclosures for Investors

The Securities and Exchange Commission (SEC) published the final rule on The Enhancement and Standardization of Climate-Related Disclosures for Investors which requires electronic (XBRL) tagging of certain climate-related disclosures. Requirements include the reporting of narrative climate-related disclosures including material risks, mitigation, oversight, and targets, for all companies. Reporting of scopes 1 and 2 greenhouse gas […more]

XBRL US Publishes California: Digital First Climate Data

XBRL US has developed a paper and supporting fact sheet on the importance of data standards to support sustainability reporting. The paper focuses on California climate bills SB 253 and SB 261 which require companies over a certain revenue threshold that do business in the State of California to report greenhouse gas (GHG) emissions and […more]

California: Digital First Climate Data

To meet the goals of climate initiatives worldwide requires governments to understand the impact of industry on the environment. This can only be accomplished through standardized, digital data that is concretely understood, timely, and consistently prepared to foster a shared understanding of the current state of climate risk and to monitor changes going forward.

Digitizing California Climate Data

Standards Benefit Companies, Data Collectors, Data Users

To successfully collect data under SB 253 and SB 261, California must require data be reported in digital, machine-readable (XBRL) format. There are several good reasons for this approach.

Data Amplified 2023

Monday, October 16 - Tuesday, October 17, 2023
XBRL International Conference

Attend the XBRL International Conference that brings together standards setters, regulators, policy makers, analysts, tech experts, accounting professionals, and other innovators from across the reporting community to share insights into the future of digital reporting. Themes will include sustainability reporting, AI, data quality, audit and more.

XBRL US Responds to CFTC RFI on Climate-Related Financial Risk

XBRL US submitted a comment letter in response to the Commodity Futures Trading Commission (CFTC) Request for Information on Climate-Related Financial Risk. The XBRL US letter explained the importance of data standards in understanding and conducting oversight of climate-related financial risk by the CFTC. Climate-related financial risks that affect market participants and commodities will inevitably […more]

XBRL US Responds to Environmental Protection Agency RFI on Reporting of Greenhouse Gas Emissions

XBRL US submitted a comment letter in response to the Environmental Protection Agency (EPA) request for feedback on Revisions and Confidentiality Determinations for Data Elements Under the Greenhouse Gas Reporting Rule, Docket Id. No. EPA–HQ–OAR–2019–0424.  The XBRL US letter made the argument that data collected by the EPA on greenhouse gas emissions made by facilities […more]

XBRL US Submits Feedback on IFRS Sustainability Disclosure Taxonomy

In response to the IFRS Request for Feedback on the staff draft of the IFRS Sustainability Disclosure Taxonomy, XBRL US submitted a letter providing input to questions posed by the IFRS regarding technical aspects of the taxonomy such as taxonomy groupings, use of dimensions, granularity of narrative information, modeling metrics, related information, and connections between […more]