ESG Insider: IFRS meets with market participants on ISSB implementation
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The IFRS Foundation held a sustainability symposium?last week in New York City where the foundation and members of its International Sustainability Standards Board (ISSB) met hundreds of companies and stakeholders across more than 50 jurisdictions to talk about implementation and adoption of the ISSB's two sustainability disclosure standards.
At the gathering, ISSB Chair Emmanuel Faber reiterated the goal of the ISSB standards: to provide a global framework that yields comparable and consistent insights through corporate disclosure. ISSB Board Member Richard Barker described the board’s priorities for 2024, including creating a digital taxonomy for reporting under the standards to help integrate them into analytical tools and accommodating smaller companies that may have a different starting point in their disclosure journey.
Companies outlined some of the steps they are taking to implement the ISSB standards, including conducting cross-training and education sessions between finance, accounting and sustainability teams; establishing robust governance and controls around data management; and strategically hiring an ESG controller.
In this week’s newsletter, we look at the steps the global maritime shipping industry is taking on its path to decarbonization. We also highlight a report by S&P Dow Jones Indices on the performance of sustainability-focused actively managed funds and indices, and a report by S&P Global Commodity Insights on how the biofuels landscape is evolving.
In our ESG Insider podcast we explore how companies are moving from setting sustainability-related targets to taking action to reach those goals, including when it comes to their supply chains. And we sit down with the Head of Global Sustainability at Intuit to learn how one of the world’s largest software companies is engaging with suppliers on decarbonization and other sustainability topics. ?
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What we learned about ISSB outlook from the IFRS Sustainability Symposium
At a packed conference in New York, the International Sustainability Standards Board laid out its priorities for 2024, including creating proportionality mechanisms to accommodate companies that are newer to sustainability reporting or are in the small- to medium-sized enterprise range.
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Decarbonization and development: Logistics network investments
The coming years will be critical for the UN’s International Maritime Organization to develop regulations that can create a viable pathway toward its 2050 decarbonization target for maritime shipping, researchers from S&P Global Market Intelligence and S&P Global Commodity Insights write.
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S&P Dow Jones Indices SPIVA Sustainability Scorecard: Comparisons of Active Funds and Indices
In its latest SPIVA Scorecard report, S&P Dow Jones Indices assesses sustainability-focused actively managed funds and indices on their index-weighted carbon intensity and temperature alignment with climate scenarios from a forward-looking perspective.
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Deep Dive: Electric vehicles and batteries
A global battle is shaping up to secure the critical minerals and raw materials needed to manufacture sophisticated batteries and other EV parts. Asia, and particularly China, holds a dominant manufacturing advantage for EV parts, but national security concerns are quickly changing the narrative, according to a new cross-divisional S&P Global research report.
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ESG Insider Podcast
What will it take to decarbonize supply chains, reach net-zero? In this episode of the ESG Insider podcast, we look at steps companies are taking to turn their decarbonization targets into action, including at the supply chain level. We speak with guests from a range of sectors, including maritime shipping, banking, real estate, and technology. >>Listen on Spotify, Google Podcasts or Apple Podcasts Exploring Intuit's approach to supplier engagement, AI and just transition In this episode, we sit down with the Head of Global Sustainability at Intuit, one of the world’s largest software companies, who describes how the company is working with suppliers to decarbonize and how it’s approaching AI. >>Listen on Spotify, Google Podcasts or Apple Podcasts
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