Our vision is for transparent, consistent, comparable reporting of environmental, social and economic (‘sustainability’) outcomes that drive and reflect progress towards a more inclusive, sustainable and prosperous world.
Sustainability reporting enables organisations to manage and articulate their full scope of business risks, as well as the contributions that they make to the wider world.
We have collaborated with organisations across the investment chain to develop and implement sustainability reporting standards. We have done this by aligning with, testing and adopting global standards where they already exist.
We take a practitioner led approach
Our work with policy makers, regulatory bodies and multilateral agencies is shaped by our practitioner led approach. We do not duplicate existing sustainability reporting efforts but build on them, and we believe that the search for the perfect should not drive out, or delay, the search for the good.
We regularly respond to key consultations, for example from the UK government, CFA UK, the UK’s professional membership body representing investment professionals, as well as the International Financial Reporting Standards Foundation (IFRF), and the Financial Reporting Council (FRC) .
Whilst we focus on impact reporting, we engage with the broader sustainability agenda, which includes Environmental, Social, and Corporate Governance (ESG).
Global and transparent standards
More and more consumers, investors and policy makers want to see companies report transparently on the positive and negative impact of their business activities on the environment and society. But the lack of global reporting standards makes it difficult for companies to measure and report their impact in a consistent and comparable way, and for investors and individuals to assess and compare this impact.
Together with partners, policy makers, and regulators, we advocate for the harmonisation of global impact measurement and reporting standards and their adoption in the UK. We want to make it easier for businesses and organisations to incorporate impact at the heart of their business models, and have set out our vision for transparent, consistent, comparable reporting of environmental, social and economic outcomes.
We support the intent of five global standard setters, whose frameworks, standards and platforms guide the majority of sustainability and integrated reporting, to work towards a shared vision of what is needed for progress towards comprehensive corporate reporting.