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The Reporting Exchange

Developed by WBCSD and now a part of ESG Book, the Reporting Exchange is a free online platform that connects you to reliable, comparable information on sustainability reporting requirements and resources. The platform provides detailed, up-to-date coverage from 60 countries and across dozens of sectors, and will help change agents, investors, and leaders within your company who want relevant resources for comparing, preparing, and delivering corporate sustainability reports. The platform's global database contains mandatory and voluntary disclosure requirements, sustainability ratings, rankings, and indexes, and allows you to connect, share, and track relevant updates.

Sustainability Reporting Frameworks: A Guide for CIOs

This report is an excellent primer on most commonly cited ESG reporting frameworks: the Climate Disclosure Project (CDP), the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD). Although intended for CIOs, this report will provide executives and change agents across the spectrum with a basic understanding of the frameworks and their fundamental differences, including audience, scope, and competing definitions.

A Starter’s Guide to Sustainability Reporting

Produced by Chartered Professional Accountants Canada, this is an introductory roadmap for companies new to sustainability reporting. The guide covers current practices, offers insight into relevant reporting frameworks, and uses examples to outline the steps involved in developing a reporting process.

ESG Disclosure Handbook

As ESG reporting requirements evolve, many companies find themselves struggling to provide forward-looking, investor-grade information. This guide from WBCSD provides a 3-part structured process for selecting and structuring inputs during the ESG reporting decision-making process. For practitioners involved in corporate disclosure activities, this handbook directly addresses many of the most common questions that Boards of Directors and other executives have about ESG disclosure.

Comparison of Sustainability Assessment Frameworks

This free, open-source workbook from Sustainability Advantage compares how the top sustainability reporting, assessment, and ranking frameworks (such as the Sustainable Development Goals, GRI Standards, SASB Standards, the Taskforce for Climate-related Financial Disclosures, and more) address the same 18 sustainability topics and issues. This one-stop shop will be particularly helpful for bringing employees, leaders, and budding change agents up to speed on corporate sustainability frameworks.

About Sustainability Reporting: The GRI Standards

Developed in 1997, the GRI Sustainability Reporting Standards (GRI Standards) became the first and most widely used global standards for sustainability reporting. Today, over 12,000 companies use GRI Guidelines for sustainability reports, and they continue to serve as a credible global industry standard. This link introduces the global best practices for reporting publicly on universal standards. It also dives into a range of more specific topics related to social, environmental, and economic impacts.

The Task Force on Climate-related Financial Disclosures

Momentum is growing for organisations to formally and transparently articulate the risks that climate change poses to the value of their assets and their future profitability. The Task Force on Climate-related Financial Disclosures (TCFD) has emerged as a response to this call for action, empowering companies to more effectively measure and evaluate their own risks and those of their suppliers and competitors. The TCFD promotes “consistent, comparable, reliable, clear, and efficient” voluntary climate-related financial disclosures, and has developed comprehensive recommendations and resources in support of this. These resources focus on governance, strategy, risk, metrics, targets, and the use of scenario analysis for evaluating climate-related financial risks and opportunities.

The work of the TCFD has culminated in a comprehensive Final Recommendations report and several supplemental reports, including a Technical supplement, which provides in-depth information and tools for using scenario analyses to understand the strategic implications of climate-related risks and opportunities to your organisation.

TCFD Good Practice Handbook

This handbook from the Climate Disclosure Standards Board (CDSB) and the Sustainability Accounting Standards Board (SASB) identifies good practices in implementing the TCFD recommendations. Drawing upon a diverse range of examples, these good practices cover the four core elements of governance, strategy, risk management, and metrics and targets.

The Taskforce on Nature-related Financial Disclosures

Reversing global nature loss depends on a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes. This depends on large and small businesses across supply chains, financial institutions, and industries of all types collectively identifying, assessing, managing, and disclosing nature-related dependencies, impacts, risks, and opportunities. Towards meeting this inter-industrial challenge, the Taskforce on Nature-related Financial Disclosures (TNFD) was established in 2021 in response to the growing need to factor nature into financial and business decisions.

The TNFD has developed a market-led, science-based risk management and disclosure framework for organisations to report and act on evolving nature-related risks and opportunities. The TNFD has also developed a Knowledge Bank that features a curated collection of the latest external resources and market insights on nature-related risks and opportunities.

The CSRD: A guide for companies

The CSRD is intended to bring sustainability reporting up to the same quality and control bar as financial reporting, and companies will need to elevate the breadth and robustness of their ESG reporting to comply with these new regulations. Watershed has created this short guide to help you to better understand the CSRD’s technical rules, also known as the European Sustainability Reporting Standards. These rules include topics such as general disclosures, social and environmental standards, and governance standards. It also unpacks how the CSRD define "double materiality" and outlines timeframes and other CSRD reporting expectations.

Valuing Nature: The case for nature-related assessment and disclosure

This report by the SustainAbility Institute by ERM and the Capitals Coalition is a good introduction to the new Taskforce on Nature-related Financial Disclosures (TNFD) Framework. It explains both the TNFD framework and the Natural Capital Protocol, and provides a four-step process for preparing TNFD-aligned disclosure.

Business Reporting on the SDGs - An Action Platform

The Global Reporting Initiative (GRI) and the United Nations Global Compact (UNGC) have released a comprehensive action platform with three primary deliverables to accelerate corporate reporting on the Global Goals.

The first publication is the report An Analysis of the Goals and Targets, which aims to help companies understand how they are impacting the SDGs and their targets, and provides a list of indicators to make reporting on the SDGs simple and straightforward.

The second publication, Integrating the SDGs into Corporate Reporting: A Practical Guide, aims to support companies in prioritising, measuring, and reporting on their impact on the SDGs, as well as setting related business objectives. This guide outlines a three-step process to embed the SDGs in existing business and reporting processes and builds upon a suite of existing and established resources, including the UNGC’s Ten Principles, the UN Guiding Principles on Business and Human Rights, and the GRI Sustainability Reporting Standards.

Finally, the third publication, In Focus: Addressing Investor Needs in Business Reporting on the SDGs, informs investor-relevant aspects of corporate SDG reporting.

Advancing modern slavery reporting to meet stakeholder expectations

This toolkit was created by GRI and the Responsible Labor Initiative (RLI) to encourage and improve reporting on modern slavery and to support action across the value chain. This toolkit will help change agents to understand why modern slavery has become increasingly important to corporate sustainability reporting, and includes a practical approach for them to report on the issue in alignment with stakeholder expectations. Included are summaries of key slavery-related topics, questions, and concerns; reporting examples; testimonials from reporters and stakeholders; relevant GRI standards guidance; and examples of tools that will facilitate your reporting.

Corporate Climate Responsibility Monitor 2023

This report from the NewClimate Institute and Carbon Market Watch will help you to understand the key elements of corporate climate responsibility and to see how other leading companies are progressing against their targets (if at all). It includes good practice principles for tracking and disclosing emissions, setting targets, reducing emissions, and for climate contributions and offsetting. It includes trends, examples of good role models, and examples of insufficient practices, as well as assessments of the integrity of climate pledges from 24 of the world's largest companies.

Raising the Bar on Corporate Sustainability Reporting to Meet Ecological Challenges Globally

This global, cross-sector report by the United Nations Environment Programme (UNEP) assesses the environmental dimension of sustainability reporting and provides recommendations to make environmental reporting relevant to all stakeholders. It analyses the most common and crucial environmental disclosure items and provides practical recommendations for companies and other reporting organisations on how these items should be measured and reported, supported with best-practice examples. It also identifies aspects of reporting where companies need to improve in order to align with the UN's 2030 development agenda, such as applying an understanding of ecological and social thresholds.

Sustainability Reporting to Improve Organizational Performance

Reporting is a core part of what sustainability teams do, but it’s hard to do well. Practitioners at leading Canadian organisations asked NBS “how can we find innovative ways of communicating the right information at the right time to the right stakeholders?” In response, a team of researchers led by Dr. Jodi York have identified a path to more effective sustainability reporting. This guide, with direction from academic and industry experts, draws on the review of published best practices and insights from seven Canadian companies to deliver a framework on reporting that informs strategy.

Art of Alignment

This research report from SustainAbility offers guidance on best practices to help practitioners better align their company's sustainability and financial transparency. The document helps to explain the evolution and current trend of sustainability transparency and its relationship with financial disclosure, and provides a helpful roadmap that explores four core elements of alignment: audience, materiality, curation, and delivery. The report also provides brief case studies which highlight best practices in relation to these core elements.

The Credibility of Corporate CSR Claims: A Taxonomy Based on ISO 26000 and a Research Agenda

This article by Lars Moratis, adjunct professor of corporate social responsibility at Antwerp Management School, looks at the potential ways organisations can enhance the credibility of their CSR claims by exploring what strategies are presently available, based on the most recent global initiate in CSR standardisation, ISO 26000. This article explains the key contents and tenets of ISO 26000.

r3.0

Towards achieving a regenerative and inclusive global economy, r3.0 crowd-sources expert input into their 'blueprint' reports, which include examples and recommendations for redesign in the fields of reporting, accounting, data, and new business models. For practitioners seeking a new 'common ground,' these blueprints may help you to identify and fill gaps between current practices and necessary progress.

ESG Reporting Guide 2.0: A Support Resource for Companies

This informal reference guide from the Nasdaq Stock Exchange will help you to better understand and identify the latest environmental, social, and governance (ESG) reporting standards and methodologies and to navigate the evolving standards on ESG data disclosure.

Five Steps to Good Sustainability Reporting

This report from BSR draws on features from notable reporting standards and frameworks - including GRI, SASB, and the TCFD - and presents a five-step process for effective disclosure. While the first step in couched in materiality, from which leading companies are moving beyond, steps 2-5 will be particularly helpful for first-time reporters to better evaluate and understand their audience and the presentation and formatting of their report.

Integrated Reporting and Sustainable Corporate Governance from European Perspective

The International Integrated Reporting Council’s International <IR> Framework has been a mainstay in corporate disclosure for more than a decade, but whereas the GRI standards and SASB standards have made steps to account for new knowledge on the intersection between corporate strategy, sustainability, and systems value, integrated reporting has fallen behind.

The <IR> Framework is based on an idea of ‘shared value creation’ by providers of the ‘six capitals’ (financial, manufactured, intellectual, human, societal, and environmental capitals), and it is organised from the perspective of how these capitals allow for the creation of financial value for investors. Although the framework acknowledges that a company should have proper regard for the interest of others, it does not adequately account for the boundaries of the planet or the social foundations for humanity. Rather, the principal function of integrated reporting is the reporting of ‘value’ to financial investors - not to the environment, society, or even to stakeholders.

If you are in the process of deciding between sustainability-related disclosure frameworks, this analysis from Jukka Mähönen provides a compelling explanation of how the International <IR> Framework normalizes and perpetuates the shareholder primacy model; how the framework’s investor orientation determines the content of the integrated report; and how <IR> has limited ability to highlight and transparently discuss the interdependencies between your business strategy and the systems upon which you depend.

The double-materiality concept: Application and issues

If you are looking for a more comprehensive explanation of the concept and applicability of double materiality, this white paper from GRI may be of help. It draws on academic research to investigate how double-materiality is implemented in sustainability reporting and identifies some of the benefits and challenges when applying double-materiality in practice.

Double and Dynamic: How to Enhance the Value of Your Materiality Assessment

BSR has created a blog series focused on expanding the scope and value of materiality assessments. The first can help you to understand the value of taking a scenario-driven approach to double materiality, where stress-testing and scenario analysis are used to determine which sustainability issues are most likely to challenge and undermine the resilience of your organisation. The second can help you to understand the value of taking a scenario-driven approach to double materiality, where stress-testing and scenario analysis are used to determine which sustainability issues are most likely to challenge and undermine the resilience of your organisation. The third can help you to understand the benefits of focusing your materiality assessment on your company's impacts on communities, the environment, and other affected stakeholders rather than on decision-useful disclosures for investors and other report readers.

How to make your materiality assessment worth the effort

Materiality assessments can (and should) inform both reporting and strategy, but what is most "material" from a reporting standpoint often differs from what is prioritised as part of strategy. This results in companies identifying as "material" what is most important to their stakeholders rather than what is most important to the success and longevity of the business. This article from Mia Overall does an excellent job of explaining the fundamental tension between these two objectives and how to better chart such information.

An Analysis of the Goals and Targets 2022

This comprehensive guide is an excellent resource for disclosing the links between your company's sustainability activities and their contributions to the Sustainable Development Goals (SDGs) in a straightforward and simple way. It provides detailed information on existing and established disclosures that businesses can use to report in connection with SDG targets, including metrics used by the CDP, SASB, UN Guiding Principles, World Benchmarking Alliance, World Business Council for Sustainable Development, and the World Economic Forum. It also identifies existing gaps where established disclosures are not yet available.