The Carbon Disclosure Project and the Global Reporting Initiative plan to deepen their collaboration.

Some 30 jurisdictions are making progress on introducing international sustainability standards in their legal or regulatory frameworks.

The International Auditing and Assurance Standards Board is preparing for the adoption of its International Standard on Sustainability Assurance 5000 early next year.

The International Public Sector Accounting Standards Board released a draft version of a sustainability reporting standard for use by governments around the world.

Xero announced the winners of its annual Beautiful Business Fund competition, of which four were based in the US.

The new regulatory environment has faced legal challenges, creating uncertainty for companies and auditors.

The guide aims to help companies that are voluntarily applying ISSB standards and help them communicate their progress to investors.

CPA firms are perfectly positioned to provide advisory and assurance services on ESG reporting, given their infrastructure around audit quality, independence requirements, and professional development.

Climate change remains a top issue for global business leaders in the C suite, according to a report by Deloitte.

Unlike the U.S., where the federal government can offer tax breaks, EU taxation rests with member states, leaving the bloc to work largely through loans and grants.