Reporting on Enterprise Value: Illustrated with a Prototype Climate-Related Financial Disclosures
Five leading organisations in sustainability and integrated reporting, have published a shared vision for a comprehensive corporate reporting system-
CDP, the Climate Disclosure Standards Board (CDSB), the Global Reporting Initiative (GRI), the International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB), have co-authored an illustration of how their current frameworks, standards and platforms, along with the elements set out by the Task Force on Climate-related Financial Disclosures (TCFD), can be used together to provide a “running start” for development of global standards that enable disclosure of how sustainability matters create or erode enterprise value.
The paper builds on the shared vision for a comprehensive corporate reporting system that was set out in a joint statement of intent in September 2020 by addressing one part of this system: standards for reporting on enterprise value, brought to life with a prototype climate-related financial disclosure standard.