ESMA states in its disclosed press release that it has concluded that Inline XBRL is the most suitable technology to meet the EU requirement for issuers to report their annual financial reports in a single electronic format because it enables both machine and human readability in one document
The IOSCO Growth and Emerging Markets Committee welcomes comments on the consultation report on or before 1 April 2019
According to Ceres, a quarter of dollars invested in the U.S. is now ESG investment, raising the stakes on accountable sustainability reporting to investors. Likewise, companies have increased their commitments to ESG: Ceres research shows that among that 600 largest public companies, “nearly two-thirds have commitments to reduce greenhouse gas (gHg) emissions, half are actively managing water resources and nearly half are now actively protecting the human rights of their employees by disclosing human capital data in its financial statement reports as well. Smaller companies and organizations – including government enterprises are all moving toward effective sustainability reporting to the capital markets. Importance of Diversity and Inclusion Having an active diversity and inclusion strategy and disclosing these metrics included in the financial report also builds the business case to attract an increasing number of investors looking for this additional data disclosure