Sustainability reporting: Definition
Sustainability reporting is a means for companies to disclose their environmental and social performance. In certain jurisdictions, it is obligatory for companies of a certain size. Nevertheless, even when not mandated, customers, investors, and prospective employees increasingly demand information on a company’s actions to reduce greenhouse gas emissions and achieve net-zero emissions by 2050, aligning with the Paris Agreement.
Related Terms
ESG Reporting
An ESG report is a document released by a company detailing its impact on environmental, social, and governance…
Extended External Reporting (EER) Assurance
Extended External Reporting (EER) Assurance refers to engagements that provide assurance on various forms of non-financial reporting, including…
IFRS Sustainability Disclosure Standards
In June 2023, the International Sustainability Standards Board (ISSB) issued its inaugural pair of IFRS® Sustainability Disclosure Standards…
1.5°C
The Paris Agreement commits countries to limit global warming to well below 2°C above pre-industrial levels, with an…
AASB
The Australian Accounting Standards Board (AASB) is a government agency in Australia responsible for developing and maintaining financial…