European Union – Sustainability Within Reach

More details for the European Sustainability Reporting Standards (ESRS)

European Sustainability Reporting Standards, European Union, Global Reporting Initiative, GRI Standards, Sustainability / Gwendolen White / April 2, 2024

Reporting structure is an important detail in the European Sustainability Reporting Standards. According to the standards, there are requirements for how a company’s sustainability statement is to be presented. This is unlike the GRI Sustainability Standards, which does not prescribe a particular format. Here is what GRI says in GRI 1 Foundation 2021: “The organization […]

More details for the European Sustainability Reporting Standards (ESRS) Read More »

The Importance of Value Chains

ESG, European Sustainability Reporting Standards, European Union, Sustainability reporting / Gwendolen White / March 21, 2024

The European Sustainability Reporting Standards (ESRS) ESRS 2 General Disclosures require companies to report on their value chains. What is required? The undertaking shall disclose the elements of its strategy that relate to or impact sustainability matters, its business model and its value chain. ESRS, Strategy Disclosure Requirement SBM-1 – Strategy, business model and value

The Importance of Value Chains Read More »

Aspects of European Sustainability Reporting Standards (ESRS) – Continued

Financial materiality is the second half of double materiality. What is it? Financial materiality involves identifying information that is considered material for primary users of general-purpose financial reports in making decisions relating to providing resources to the entity. Information is deemed financially material “…if omitting, misstating or obscuring that information could reasonably be expected to

Aspects of European Sustainability Reporting Standards (ESRS) – Continued Read More »

Aspects of the European Sustainability Reporting Standards (ESRS)

Corporate sustainability, Corporate Sustainability Reporting Directive (CSRD), European Sustainability Reporting Standards, European Union / Gwendolen White / March 4, 2024

This is part one in a series of posts to come. In this and future posts, I want to highlight some of the major aspects of the European Sustainability Reporting Standards (ESRS). I will start with how the ESRS deal with materiality, which is fundamental to all sustainability reporting. What are the ESRS? The ESRS

Aspects of the European Sustainability Reporting Standards (ESRS) Read More »

An important event for sustainability reporting just occurred in the European Union

Corporate sustainability, European Sustainability Reporting Standards, European Union, Global Reporting Initiative, GRI Standards, Sustainability, Sustainability reporting / Gwendolen White / October 29, 2023

On October 18, 2023, the European Parliament reaffirmed its commitment to the European Sustainability Reporting Standards (ESRS). This means that approximately 50,000 companies will have to comply with the ESRS starting in January 2024. The adopted ESRS was amended from its original draft issued in November 2022. Who will have to report? EU companies are

An important event for sustainability reporting just occurred in the European Union Read More »

Courses

Courses and Training I teach courses on the Global Reporting Initiative 2021 Standards, the CDP (formerly Carbon Disclosure Project) Investor Climate Change and Supply Chain Survey, and the Sustainability Accounting Standards Board Standards (SASB) Fundamentals of Sustainability Accounting (FSA) Level I Exam Curriculum. To deliver these certified and licensed courses, I work with ISOS Group,

Courses Read More »