Semansys Technologies’ Post

📢 Exciting News in Sustainability Reporting! 🌍 Global Reporting Initiative (GRI) and the IFRS Foundation have deepened their collaboration to enhance sustainability reporting. This partnership aims for full interoperability between GRI and ISSB standards, making it easier for companies to provide comprehensive and transparent disclosures. This initiative will streamline reporting processes, reduce duplication, and ensure both investor and stakeholder needs are met. For more details, read our in-depth article: Harmonizing GHG Emissions Reporting: https://lnkd.in/ddkEjExb #Sustainability #GRI #IFRS #Reporting #STHConsulting

The Future of Global Sustainability Reporting is Here! The International Sustainability Standards Board (ISSB) has released its first two sustainability reporting standards, IFRS S1 and IFRS S2. These standards create a global baseline for sustainability reporting, ensuring consistency and transparency in disclosing ESG risks and opportunities. Discover how IFRS S1 and S2 are reshaping global sustainability reporting, making it easier for businesses to manage sustainability risks and report climate-related disclosures. Ready to enhance your sustainability reporting? Learn more about the benefits of adopting these global standards. Read our blog here: bit.ly/3XU5r6y #Sustainability #ESG #IFRS #ClimateDisclosures #SustainabilityStandards #CorporateReporting #SustainableBusiness #GlobalStandards #SustainableDevelopment

The IFRS sustainability disclosure standards have been effective since 1 January 2024. But what do they mean in practice for the Channel Islands? I explore this question and more in my latest blog with PwC Channel Islands' ESG Assurance lead Amy Pickering. Have a read and do reach out if you've any questions!

Here you will find #BDO's ‘snapshot’ of sustainability reporting with a focus on the IFRS S1 and S2 updates

BDO's latest ISR Bulletin focuses on the updates related to the ISSB's IFRS® Sustainability Disclosure Standards - IFRS S1 & IFRS S2 - issued on 26.06.2023 & the EU Sustainability Reporting Standards adopted by the EU Commission on 31.07.2023:

The proposed Korean Sustainability Disclosure Standards would comprise two mandatory disclosure standards (KSSB 1 and KSSB 2) and one non-mandatory disclosure standard (KSSB 101): KSSB 1 General Requirements for Disclosure of Sustainability-related Financial Information is based on IFRS S1 KSSB 2 Climate-related Disclosure is based on IFRS S2 KSSB 101 Additional Disclosure aligned with Policy Objectives is a country-specific standard that allows entities to selectively disclose additional sustainability-related information as required by domestic laws or to meet the sustainability-related policy objectives

Adopting digital sustainability can lead to a sustainable future and streamline the integration of ESG compliance, especially with the incoming IFRS S2. #SimpleDigitalSustainability #GreenTech #ESGCompliance #SustainabilIT

The IFRS Foundation and the European Financial Reporting Advisory Group (EFRAG) announced last week the publication of the ESRS-ISSB standards interoperability guidance, which aims to illustrate the high level of alignment between the sustainability reporting standards issued by the International Sustainability Standards Board (#ISSB) and the European Sustainability Reporting Standards (#ESRS). Each of the standards are expected to form the basis of mandatory sustainability reporting requirements for tens of thousands of companies over the next few years, with many potentially required to comply with both. As the regulatory landscape continues to rapidly evolve, as this data visual shows, keeping up to date with the latest developments can be challenging and time consuming. Stay ahead of the curve with ESG Book and gain access to nearly 200,000 corporate disclosures, alongside the world’s largest database of reliable, comparable information on sustainability reporting requirements, standards, and indicators. Sign-up today: www.esgbook.com #ESGRegulation #ESGReporting #SustainableFinance

Sustainability Reporting Evolves: Discover the Latest Updates! 🌿 BDO’s International Sustainability Reporting Bulletin 2024/03 is out now! Dive into the latest developments in sustainability reporting standards with a focus on the ISSB’s IFRS S1 and S2, and the European Commission’s ESRS. 🔍 Get a ‘snapshot’ of the current landscape and understand how these standards are shaping the future of sustainability-related financial information disclosure. 📅 Issued 26 June 2023, the IFRS S1 and S2 are pivotal in driving transparency and accountability in climate-related disclosures. 🇪🇺 The ESRS, adopted by the European Commission on 31 July 2023, complements these efforts, ensuring a comprehensive approach to sustainability reporting. 📥 Stay informed and ahead of the curve. Download BDO’s ISR Bulletin 2024/03 for a detailed update. https://lnkd.in/e_m5rbiV #SustainabilityReporting #IFRS #ESRS #BDO #Finance #ClimateAction

BDO's latest ISR Bulletin focuses on the updates related to the ISSB's IFRS® Sustainability Disclosure Standards - IFRS S1 & IFRS S2 - issued on 26.06.2023 & the EU Sustainability Reporting Standards adopted by the EU Commission on 31.07.2023: