Climate change

A sizable proportion of businesses have yet to produce an emissions reduction plan and have no plans to do so, according to a new report.

The pressure to establish an ESG reporting framework is mounting as various regulatory bodies issue guidance.

Accounting organizations and firms are making plans to attend or contribute research in conjunction with the United Nations COP28 climate change conference in Dubai this week.

Companies are finding it difficult to hire enough qualified people in the relatively new field of sustainability reporting.

Organizations are preparing themselves to comply with the SEC's climate-related disclosure rule, according to a new survey.

An investigation found significant flaws in accounting behind carbon credits from Zimbabwe-based Kariba.

The association is cautioning accountants about the risk of greenwashing when reporting on a company's environmental efforts.

The Task Force on Climate-related Financial Disclosures is seeing more than half of companies issuing at least a handful of the disclosures it recommends.

The 2022 law created two new credit delivery mechanisms, allowing governments, nonprofits and other entities to take advantage of the credits.

The Treasury Department is in the midst of writing rules for how it will distribute the measure's tax credits from hydrogen projects to low-carbon aviation fuel, but work on that guidance could grind to a halt if the government closes.

Accounting firms are getting more involved in sustainability reporting and assurance around the world, with recent global standards and record-setting temperatures spurring calls for action.

Anxiety is growing over the pace of work to develop critical guidance on a slew of clean energy tax credits in the Inflation Reduction Act.

State legislators passed a bill that would leapfrog the Securities and Exchange Commission's efforts to require companies to disclose their greenhouse gases and climate-related financial risks.

Corporate controllers can play an important role in environmental, social and governance reporting as the U.S. and other countries prepare to impose new reporting requirements.

Corporations relying on carbon credits to support their green claims now face "robust and credible" proof that the vast majority of such securities aren't fit for purpose.

The cost of the IRA's uncapped tax credits and incentives is almost impossible to pin down.

The head of the board views the recently proposed standard for sustainability reporting assurance as a way to make those reports more verifiable.

The disclosures that companies make about their green credentials will be evaluated by new global audit standards that are expected to be finalized by the end of next year.

The International Auditing and Assurance Standards Board proposed new rules for providing outside assurance on a company's sustainability reporting efforts.

The European Commission adopted the European Sustainability Reporting Standards on Monday; they will take effect in 2024.