NYU accounting professor Baruch Lev on three ways standard-setters can significantly improve their agendas.

The overemphasis on measuring and reporting sustainability has delayed, and displaced, the urgent action needed to tackle societal challenges.

The group formed by SASB and the IIRC is developing ESG standards as financial regulators press for improved reporting.

KPMG has been increasing its efforts to provide environmental, social and governance services to clients through a new initiative called KPMG Impact.

The commission wants corporations to reveal more about climate risks, a push Wall Street and the biggest tech companies say will lead to a barrage of lawsuits.

Sustainability reporting standards, as well as assurance services to verify that reporting, vary widely across jurisdictions and individual practitioners and require better standardization.

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.

Companies can streamline their environmental, social and governance reporting using technology, according to a recent report.

The lack of universal, comparable disclosure makes internal rankings less than reliable.

The American Institute of CPAs and the Center for Audit Quality both submitted comments to the Securities and Exchange Commission expressing support for climate change disclosures by companies.

The Sustainability Accounting Standards Board and the International Integrated Reporting Council finalized their merger to unite their ESG reporting frameworks.

As companies come under increasing pressure to deal with climate change and diversity, their internal auditors are putting more emphasis on making sure environmental, social and governance reports are reliable.

The IFRS Foundation is looking for a chair and vice-chair of a board that will set global ESG reporting standards.

The International Accounting Standards Board proposed a comprehensive framework for management discussion and analysis to better align with investor needs.

The Securities and Exchange Commission wants input from accountants on rules it is developing for disclosing climate risks and environmental, social and governance reporting.

The goal of the offset market is to reduce emissions, but without clear accounting and strict regulations there’s a big risk of greenwashing.

Financial executives are eyeing tax changes expected in the Biden administration, demands for more environmental, social and governance reporting, and diversity efforts.

At the same time, the SEC is increasingly focusing on environmental, social and governance reporting.

Each year on May 6, those of us in the finance profession recognize management accountants across the globe.

Sovos buys Chilean e-invoicing and doc management company; and Workiva adds ESG reporting.