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

The Carbon Disclosure Project plans to incorporate the International Sustainability Standards Board's upcoming climate-related disclosure standards in its platform.

The goal is to sniff out "dishonest climate accounting and other actions designed to circumvent the need for deep decarbonization."

As the United Nations convenes its COP27 climate change conference in Egypt, accountants are preparing for the advent of international sustainability standards.

Firms often use questionable accounting techniques to support their emissions claims.

The foundation has named all the members of its new Integrated Reporting and Connectivity Council.

While corporate sustainability reporting continues to grow amid demands from investors and regulators, problems persist with the reliability of the information and the role of accounting firms in vetting the disclosures.

A recent survey by PwC showed that 71% of institutional investors want stronger regulatory requirements to guide the actions of the fund management industry.

More companies are disclosing financial information related to climate change this year, but the disclosures are falling short of recommendations from regulators.

The accounting software provider has acquired Spherics as part of its sustainability strategy.