Great article from the European Securities Market Authority on what EU public companies must do using the new Inline XBRL Global Data Standard for Better Transparency & Accountability by putting financial and non-financial financial statement info in a machine-readable format. The USA...
A recent memo from PwC warns its clients on the “safe zone” of ESG reports and communications is quickly disappearing as investors get more aligned in the type of info they’re looking for – and continue to integrate ESG criteria into decision-making by investment officers & PMs, rather than just the stewardship team
v=Hx4dvrIunpw Given the rising demand for sustainability performance data to support internal and external decision making in creating, growing and reporting value, the paper asserts that confidence in this type of information is strengthened by the application of the COSO ICIF, a robust and globally recognized framework designed to apply to both financial and non-financial information
“We may not need audits if we can access automatically validated information,” Baron said
“Not by reducing regulation necessarily, but recognizing that multiple agencies deal with individual businesses and they all require information from those businesses, and the definitions that they all use are different