Integrated reporting is an important tool in improving the understanding of the relationship between financial and non-financial factors that determine a company’s performance and how a company creates sustainable value in the long term. When organizations lack clear expectations for performance, they are more likely to lose focus on long-term objectives. This is one of […]
The GRI is a global standard for sustainability reporting designed by organizations and investors to measure business performance. The GRI has been adopted as a requirement by leading institutional investors, government regulators, and development organizations around the world. It sets out a universal framework for sustainability reporting based on the shared understanding that such information
Sustainable Development Goals were created by the United Nations in 2015. SDGs are a set of time-bound and measurable targets that seek to achieve three overarching goals: end poverty, promote sustainable economic growth, and protect the environment by 2030. The SDGs will replace the Millennium Development Goals (MDGs), which were established in 2000 to reduce
It is hard to believe that it has been around for twenty years, but the PCAOB was created by Congress as part of the Sarbanes-Oxley Act, signed into law on July 30, 2002. And while they do many things, the board’s mandate includes overseeing audits of securities filings and reviews of accounting firm quality control
All of the acronyms generated by sustainability, this is one of the most important. SASB stands for the Sustainability Accounting Standards Board a voluntary, non-profit global organization that promotes sustainability accounting and reporting practices. It was established in 2010 by the leading organizations in the natural resources sector to develop and uphold standards for natural
The Task Force on Climate-related Financial Disclosures (TCFD) was created in 2015 with the goal of developing a set of recommendations for entities providing a broad spectrum of recommendations on ESG reporting. The primary objective for creating this task force is to assess and manage relevant climate-related risks and opportunities where such information is material.
The Financial Stability Board is an international body of 29 countries, plus the EU, which was created to promote global financial stability. Its members are responsible for managing and coordinating their country’s respective financial systems as well as those of other systemically important countries outside of their jurisdiction. The FSB has been described by commentators
Elizabeth Street Garden is a garden that was created in Manhattan, New York City. The goal of this garden is to provide green space for both residents and visitors to enjoy. This green space not only provides a break from the surrounding concrete jungle but also a place where people can grow their own fresh
There is philanthropy, and then there is venture philanthropy. The venture part is a subset of traditional philanthropy where philanthropists are looking to make measurable, positive changes in the world and also expect a return on their investment. Venture philanthropists want to find high-impact opportunities to invest their money, time, knowledge, or skills in order
Don’t be fooled by the name. It may not sound like much, but the NSF International is like an invisible shield that protects us. It is an integral part of the global public health infrastructure which is at work around the globe on a daily basis. It’s a non-profit organization that provides standards development, product