Double materiality is the basis for sustainability disclosures and stakeholder relevance. The ESRS breaks double materiality into two categories: - Impact materiality: Positive and negative sustainability-related impacts that are connected to the business. - Financial materiality: Sustainability-related risks and opportunities that may trigger financial impact on the business. To navigate CSRD successfully, the double materiality principle must be applied. Learn more about CSRD: https://bit.ly/3VQVOVi #CSRD #doublemateriality #ESRS #sustainability #BSIUSA
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To navigate CSRD successfully, the double materiality principle must be applied. Learn the steps to conducting a double materiality assessment.
Double materiality is the basis for sustainability disclosures and stakeholder relevance. The ESRS breaks double materiality into two categories: - Impact materiality: Positive and negative sustainability-related impacts that are connected to the business. - Financial materiality: Sustainability-related risks and opportunities that may trigger financial impact on the business. To navigate CSRD successfully, the double materiality principle must be applied. Learn more about CSRD: https://bit.ly/3VQVOVi #CSRD #doublemateriality #ESRS #sustainability #BSIUSA
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To navigate CSRD successfully, the double materiality principle must be applied. Learn more about CSRD: https://bit.ly/3VQVOVi
Double materiality is the basis for sustainability disclosures and stakeholder relevance. The ESRS breaks double materiality into two categories: - Impact materiality: Positive and negative sustainability-related impacts that are connected to the business. - Financial materiality: Sustainability-related risks and opportunities that may trigger financial impact on the business. To navigate CSRD successfully, the double materiality principle must be applied. Learn more about CSRD: https://bit.ly/3VQVOVi #CSRD #doublemateriality #ESRS #sustainability #BSIUSA
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To navigate CSRD successfully, the double materiality principle must be applied. Learn the steps to conducting a double materiality assessment.
Double materiality is the basis for sustainability disclosures and stakeholder relevance. The ESRS breaks double materiality into two categories: - Impact materiality: Positive and negative sustainability-related impacts that are connected to the business. - Financial materiality: Sustainability-related risks and opportunities that may trigger financial impact on the business. To navigate CSRD successfully, the double materiality principle must be applied. Learn more about CSRD: https://bit.ly/3VQVOVi #CSRD #doublemateriality #ESRS #sustainability #BSIUSA
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How can financial services firms leverage #CSRD and #TPT synergies to future-proof business strategies? The evolving landscape of climate and sustainability reporting, driven by the CSRD and TPT frameworks, represents a pivotal shift for financial services. Find out what you should consider: https://ow.ly/GaxB50SvbJG James Belmont Michael Elter Siddhi Salvi Evan Hirsch Sasha Polikarpova Frances Loring
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Great article from our Sustainability Regulations team. The overlaps between CSRD and TPT requirements are considerable, and worth addressing in a joined-up fashion to aid simplicity and deliver cost-efficient change
How can financial services firms leverage #CSRD and #TPT synergies to future-proof business strategies? The evolving landscape of climate and sustainability reporting, driven by the CSRD and TPT frameworks, represents a pivotal shift for financial services. Find out what you should consider: https://ow.ly/GaxB50SvbJG James Belmont Michael Elter Siddhi Salvi Evan Hirsch Sasha Polikarpova Frances Loring
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Though divisions persist, the #ISSB represents monumental collective progress instilling #sustainability governance with financial accounting diligence. Achieving complete global standards congruence remains an ambitious long-term aim. However constructive framework dialogue promises meaningful convergence as regulatory mandates broaden. With so much acceleration since its 2021 launch, ISSB debuts during a pivotal window to upgrade sustainability’s strategic status before intensifying climate and nature losses become irreversible. Driving consistent, material and actionable disclosures now can empower stakeholders to steward intertwined financial and earth systems stability. Read our in-depth article for more insights: https://lnkd.in/dencPYGE
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Morning all and happy Friday! I thought I'd sign off on another busy week with a new voluntary standard that is currently undergoing public consultation. The Science Based Targets initiative have announced their Financial Institutions Net-Zero Standard. The aim of this standard is to align financial flows with global climate goals, this will apply to entities that generate 5% or more of their revenue from lending, investing (as asset owner or manager), insurance underwriting, and/or capital market activities. #sustainability #SBTi #sustainabilitystandards #standards #aretezerocarbon
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Sustainable Finance Reporting requirements continue to develop and will be pivotal in reshaping how financial institutions incorporate sustainability and climate change into their business strategies, as the world transitions to a low-carbon economy. There are opportunities to take a holistic approach and identify the synergies across these requirements. Our latest Baringa article explores the interlocks between CSRD and TPT and insights from our work with market-leading clients across the financial sector. James Belmont, Michael Elter, Siddhi Salvi, Evan Hirsch and Sasha Polikarpova #sustainablefinance #sustainableregulation #sustainablefinancereporting #ESG #CSRD #TPT #transitionplanning #climaterisk
How can financial services firms leverage #CSRD and #TPT synergies to future-proof business strategies? The evolving landscape of climate and sustainability reporting, driven by the CSRD and TPT frameworks, represents a pivotal shift for financial services. Find out what you should consider: https://ow.ly/GaxB50SvbJG James Belmont Michael Elter Siddhi Salvi Evan Hirsch Sasha Polikarpova Frances Loring
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🦋 📊 The CSRD is a game-changer, pushing companies to engage deeply with stakeholders and disclose sustainability metrics transparently. Explore the CSRD and its impact on non-financial reporting in this episode of #Audisseum 👇 ✉️ Preparation is key—our tools and expertise help ensure seamless compliance and high-quality reporting. To learn more about the CSRD and how we can help you, contact Julien Melotte and Claire Cherpion. #CSRD #SustainableFinance #Sustainability
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Very good read from the WBCSD – World Business Council for Sustainable Development on how (financed) avoided emissions quantification methods can complement inventory methods for the financial sector. Both to (1) support (investment) decision making and to (2) create insight and transparency on the positive contribution the financial industry can make through its services. "The WBCSD paper advances the conversation on quantifying avoided emissions, moving us closer to developing methods specific to financial portofolios. PCAF was delighted to contribute to this paper and will leverage new insight into future updates to the Global GHG Accounting and Reporting Standard for the Financial Industry.” Caspar Noach, Technical Director of PCAF #avoidedemissions
PCAF is pleased to welcome WBCSD – World Business Council for Sustainable Development's new insight paper ‘Avoided emissions and Sustainable Finance’ which explores the importance of intervention-based approaches and #AvoidedEmissions. The insight paper provides practical guidance and case studies of how corporates and financial institutions can leverage avoided emissions solutions across various asset classes and financial instruments. We are proud to have been a contributor to this paper which complements the inventory-based carbon accounting standards provided by the Partnership for Carbon Accounting Financials (PCAF) and other standard setters. Learn more here: https://lnkd.in/eqUSVkiZ
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Prof dr. COTTON RESEARCH INSTITUTE at Agric. Res. Center
1moGreat advice!