CDP and EFRAG Announce Extensive Interoperability Between CDP Questionnaire and EU Sustainability Reporting Standards

EFRAG

At COP29, EFRAG and CDP, the global disclosure system for environmental data, announced a major development in the interoperability between the CDP questionnaire and the European Sustainability Reporting Standards (ESRS). This collaboration is a significant step forward in creating efficiency in the environmental data ecosystem. Through joint mapping efforts, EFRAG and CDP identified a high…

EFRAG Webinars on ESRS for Non-EU Groups on 19-20 November 2024

EFRAG

EFRAG is hosting webinars on the draft ESRS for Non-EU Groups, which are required by the CSRD for non-EU companies generating over EUR 150 million annually in the EU. These companies will need to report on sustainability impacts at the group level starting in financial year 2028, with reports due in 2029. The webinars will…

EFRAG Call for Candidates: Academic Panel Membership Open

EFRAG

EFRAG is inviting applications from academics in corporate reporting, including financial and sustainability reporting, to join its Academic Panel. The application deadline is 16 December 2024. The EFRAG Academic Panel, which has been active for over seven years, promotes collaboration between EFRAG and the academic community. The panel supports EFRAG’s technical advisory bodies (EFRAG FR…

Shaping the Future of Reporting: EFFAS President Jesús López Zaballos Advocates for Integrated Reporting at IFRS-OIBR Conference”

News and press releases about EFFAS and EFFAS partners or member societies

Milan, 18 October 2024. Jesús López Zaballos on the business and investor case for integrated reporting, “Integrated Reporting must not lose sight of the methodological restrictions to be useful, ensuring that financial and sustainability-related disclosures are not presented as ‘mixed’ or only ‘‘connected.’” Introduction: The business and investor case for integrated reporting. Dear Chairman Mr…

EFRAG Releases Feedback Statement on IASB’s Proposed Amendments to IFRS 3 and IAS 36

EFRAG

On 17 October, EFRAG published its Feedback Statement concerning the IASB’s Exposure Draft on Business Combinations—Disclosures, Goodwill, and Impairment. This document highlights the key responses from various stakeholders to the IASB’s proposals, as well as how EFRAG has incorporated this feedback into its Final Comment Letter. Key Points of Feedback: IFRS 3 (Business Combinations): While…

EFRAG Issues Clarifications on Call for Tenders for ESRS Knowledge Hub

EFRAG

On 16 October, EFRAG published an addendum to address questions related to its open Call for Tenders for the development of the ESRS Knowledge Hub. This call, initiated on 20 September 2024, invites proposals to create a robust application for the ESRS Knowledge Hub, with a submission deadline of October 31, 2024. EFRAG encourages interested…

Risk Control Metrics and Best Practices in Sustainable Investments at the 2024 Oxford Congress, by Jean-Philippe Desmartin.

News and press releases about EFFAS and EFFAS partners or member societies

Oxford, 18-20 September 2024. ABSTRACT In recent years, sustainable investments have grown significantly, especially in Europe, fueled by regulatory frameworks such as Articles 8 and 9, thematic funds, and other ESG-labelled investment vehicles. Globally, this sector is managed by investors handling over $100 trillion in assets. Risk control metrics, initially considered supplementary, have become essential…