Climate change

The Global Reporting Initiative released a report urging companies to take a due diligence approach in their sustainability efforts.

Deloitte announced the launch of GreenLight Solution, an enterprise decarbonization Software as a Service (SaaS) solution.

Companies are getting ready for the Securities and Exchange Commission to finalize the climate-related disclosure rule it proposed last year.

The vote was 50-46 to end a rule that allows retirement plans to weigh climate change and other environmental, social and governance issues in their investment decisions.

Once a distant dream, a worldwide framework for reporting is now being enthusiastically pursued by prominent players.

IOSCO has suggested it would be unreasonable to penalize companies that aren't immediately able to get the data they need to report their complete carbon footprints.

Net zero pledges made by some of the world's largest corporations fall far short of the progress required.

Much of the current focus is on the environmental aspect of ESG, but the social and governance aspects will be just as important.

Senator Joe Manchin is pushing back against efforts to apply broad interpretations to a tax credit for electric vehicles that he largely wrote.

There's a catch buried in the law: Projects that don't meet certain new wage and labor requirements only get a fraction of the credit.

A recent report from the IMA looked at the finance function's readiness to meet accelerating demands from the SEC and elsewhere for climate risk information.

Plus, cybercriminals go corporate, and other news and updates from the accounting technology world.

The Big Four firm separately released reports on audit committee priorities, human capital and M&A trends.

Organizations are not doing enough to address the risks of climate change and may need accountants to tally the potential damages to their finances.

The International Sustainability Standards Board has settled on a definition of 'sustainability' that will guide its future work.

Companies are getting ready to report more information about their efforts to control greenhouse gas emissions as the SEC gets set to unveil new rules.

These promissory notes offer buyers an accounting power: Emitters of planet-warming pollution get to deduct emissions from their own ledgers simply by purchasing tons of carbon offsets sourced to projects elsewhere.

Accounting solutions provider Xero has set its net-zero climate targets for Scope 1, 2 and 3 emissions.

The Association of International Certified Professional Accountants rolled out an environmental, social and governance training program for accountants.

Corporate emissions reduction reporting is full of inconsistencies, and the lack of comparability of target disclosures continues to create challenges.