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ESG Acronyms and What They Mean

3BL Media

The standards build on the previous work of the Climate Disclosure Standards Board (CDSB), the Task Force for Climate-related Financial Disclosures (TCFD), the Value Reporting Foundation’s Integrated Reporting Framework, industry-based SASB Standards and the World Economic Forum’s Stakeholder Capitalism Metrics.

UNSDG 147
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4 ESG trends to watch in 2022

Carlos Sanchez

Besides, Danone’s CEO stepped down after investors blamed him for failing to balance shareholder value creation and sustainability. The recently published Integrated Thinking Principles Prototype presents a philosophy focused on value creation overtime for the enterprise and its key stakeholders.

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ISSB’s First Sustainability Reporting Standards Target Granularity

Chris Hall

“Further enhancing and evolving the SASB standards will be a priority for the ISSB, as embedding the industry-based approach in the work of the ISSB is essential to delivering standards that support investors’ assessments of enterprise value across a broad range of sustainability issues,” said Emmanuel Faber, ISSB Chair. .

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Both Hands on the Wheel

Chris Hall

The global standards are based on an ‘enterprise value creation’ or financial materiality approach, in which sustainability impacts are measured in terms of impacts on the financial position and prospects of the company itself. Therefore it is integral to the aim of enterprise value creation in any case.