The UK has since established a new framework to assess the suitability of those IFRS standards for their own reporting. In theMobilising Green Investment: 2023 green finance strategy, the government confirmed t
The multitude of sustainability reporting standards and frameworks, as well as their diverse and evolving nature, is often a challenge for businesses. TÜV SÜD can help you understand which requirements apply to your organisation and ensure that reporting meets applicable requirements. The Corporate...
The TAC’s technical assessment of both standards has concluded that the creation of UK Sustainability Reporting Standards would support long-term public good in the UK. In advising endorsement, the TAC has also recommended minor amendments to IFRS S1 and IFRS S2. These include extending the ‘cl...
In 2023, the ISSB issued its first two sustainability disclosure standards. These are: IFRS S1 General Requirements for Disclosure of Sustainability-Related Financial Information, and IFRS S2 Climate-related Disclosures. Entities apply IFRS S1 when preparing and reporting sustainability...
sustainability reporting frameworks as a part of our annual sustainability report. Frameworks include but are not limited to the Taskforce for Financial-Relate Disclosures (TCFD), United Nations Global Compact (UNGC), the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards ...
Sustainability Report 2024pdf / 9.5 MB ESG at bp Our reporting is focused on the sustainability issues that matter to our stakeholders. We refer to different reporting frameworks and standards to inform our reporting. Find details of our reports, policies and positions, ESG data, and frameworks ...
International Sustainability Standards Board (ISSB) European Financial Reporting Advisory Group (EFRAG) U.S. Securities and Exchange Commission (SEC) rules Disclosure and accounting frameworks Task Force on Climate-related Financial Disclosures (TCFD) ...
Standards Webinar | Corporate Sustainability Reporting Standards, 13 November 2024Humanity is facing serious problems in sustainable development—from climate change with droughts, fires, floods, and biodiversity reduction to social responsibility...
In May 2010, we created our Business Standards Committee to conduct an extensive review of our business standards and practices. The Committee’s report represents our commitment to communicate the changes we have made – and continue to make – and their impact in making us a better firm. Lea...
Our sustainable approach Our areas of focus, listed below, are based on a structured double materiality analysis, in accordance with the requirements of the EU Corporate Sustainability Reporting Directive (CSRD) and of the European Sustainability Reporting Standards (ESRS). The goal of this assessment...