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Showing 1 - 10 of 51 results for "financial information"

China stock exchange rings in Year of the Dragon with ESG mandate

ROSE MARY PETRASS  |  FRIDAY, 16 FEB 2024  |  NEWS
... told FS Sustainability. "Firstly, it will be directly related to sustainability, will enhance company non-financial information disclosure which is largely aligned with global standards. At the same time, this new mandated company disclosure requirement ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... Standards Board (AASB)'s SR1 Australian Sustainability Reporting Standards - Disclosure of Climate-related Financial Information accounting standard. The legislation would amend the Australian Securities and Investment Commission Act and the Corporations ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... founded in 2015 by the Financial Stability Board (FSB) to improve and increase reporting of climate-related financial information. The FSB requested that the International Financial Reporting Standards (IFRS) Foundation to take over the monitoring of ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... comment period is open until 1 March 2024 for ASRS 1 General Requirements for Disclosure of Climate-related Financial Information and ASRS 2 Climate-Related Financial Disclosures, The two new standards would kick in from 1 July 2024 and apply first to ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
... has opened up a 120-day comment period on ASRS 1 General Requirements for Disclosure of Climate-related Financial Information and ASRS 2 Climate-Related Financial Disclosures, ending on 1 March 2024. The two new standards would kick in from 1 July 2024 ...

Go digital for ESG, financial reporting: Deloitte

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
... year, the incremental cost to report digitally is expected to be approximately $25,000 per year. " Preparing financial information for digital reporting is the lion's share of the cost, consisting of software licensing, training accounting staff ...

ISSB proposes IFRS digital taxonomy for sustainability disclosure

ROSE MARY PETRASS  |  FRIDAY, 28 JUL 2023  |  NEWS
... sustainability information. The proposed taxonomy will require the digital reporting of sustainability-related financial information. This will facilitate more a structured reporting style that aims to improve global accessibility and comparability of ...

Finance responds to new ISSB standards

ROSE MARY PETRASS  |  TUESDAY, 27 JUN 2023  |  NEWS
... capital markets. The two new standards - IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information, and IFRS S2 Climate-related Disclosures ­ provide a reference point for the development of a comprehensive global baseline ...

First two ISSB standards released - what investors need to know

ROSE MARY PETRASS  |  TUESDAY, 27 JUN 2023  |  NEWS
... Financial Reporting Standards Foundation (IFRS) S1 General Requirements for Disclosure of Sustainability-related Financial Information, and IFRS S2 Climate-related Disclosures ­- will set the stage for a comprehensive global baseline of sustainability ...

Australia not ready for sustainability benchmarks, consultants warn

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
... effect from January 2024. The draft IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures were first released for public consultation in March 2022. The frameworks will provide ...
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