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]
The European Commission (EC) has announced a public consultation paper, EFRAG Due Process Procedures on EU Sustainability Reporting Standard-Setting, that outlines requirements that will be followed in the European Financial Reporting Advisory Group’s (EFRAG) role as technical advisor to the EC in preparation for Sustainability Reporting Standards. EFRAG has been tasked with developing the draft […more]
On April 21, 2021, the European Commission adopted a package of sustainability-related measures including its proposal for a Corporate Sustainability Reporting Directive (CSRD) which aims to make corporate reporting of sustainability measures more consistent, comparable and reliable. The CSRD, as proposed, will require the use of Inline XBRL for the reporting of environmental, social and […more]
Establishing a framework to standardize, and automate the processing of, corporate sustainability data is imperative to provide needed information to investors, researchers and policy setters who need access to timely, consistent, accurate data for decision-making.
The Securities and Exchange Commission published a speech from Acting SEC Chair Allison Herren Lee, titled “A Climate for Change: Meeting Investor Demand for Climate and ESG Information at the SEC”. In her speech, the SEC Chair references an SEC Request for Comment on Climate Disclosure which includes a list of detailed questions covering topics […more]
The Securities and Exchange Commission (SEC) today published a speech from Acting Director of the Division of Corporation Finance John Coates on “ESG Disclosures – Keeping Pace with Developments Affecting Investors, Public Companies and the Capital Markets” in which he addressed the relevance of ESG disclosures. Below are excerpts from his speech: On Considerations for […more]
Trustees of the IFRS Foundation announced plans to continue their work on establishing an international sustainability reporting standards board within the existing governance structure of the IFRS Foundation. The decision was based on the encouragement received in comments concerning the 2020 Consultation, and on IOSCO’s intention to work with the IFRS Foundation to develop a […more]
The Securities and Exchange Commission (SEC) published their 2021 Examination Priorities which include a greater focus on climate-related risks. The release included a quote from the SEC’s Acting Chair Allison Herren Lee: “This year, the Division is enhancing its focus on climate and ESG-related risks by examining proxy voting policies and practices to ensure voting […more]
The Securities and Exchange Commission (SEC) announced the creation of a Climate and ESG Task Force in the Division of Enforcement. The focus of the task force, which will be led by Kelly Gibson, Acting Deputy Director of Enforcement, will be to proactively identify ESG-related misconduct. The initial focus will be to identify any material […more]
The Sustainability Accounting Standards Board (SASB) announced the start of a 60-day (through April 22) public review of their XBRL Taxonomy. They are soliciting feedback about various technical and usage aspects of the taxonomy. Materials available through the public review include the Draft Taxonomy, Preparer Guide, and Sample XBRL Instance Document, as well as guides […more]
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