Investments

There’s a standoff brewing between European lawmakers and the Big Four as they try to lay claim to an ESG market that may generate fees of as much as $8 billion a year.

The Sustainability Accounting Standards Board held its final public meeting Wednesday ahead of the consolidation of its parent organization, the Value Reporting Foundation, into the International Sustainability Standards Board by the end of June.

Business executives who assume their companies are highly trusted by consumers are overestimating their level of trust, according to a new PwC survey.

A new analysis finds that when renewable energy credits — which have come under heavy scrutiny — are removed from companies’ carbon accounting, many businesses are no longer on track for meeting climate goals pegged to the Paris Agreement’s aims of limiting global warming to 1.5° or 2° Celsius.

Companies with plans to eliminate greenhouse gas emissions have so far not managed to meet the most basic criteria, according to a new analysis.

The board's future projects include digital assets, intangibles, government grants, and accounting for financial instruments with ESG-linked features.

The Sustainability Accounting Standards Board released a set of recommended changes to three of its remaining active projects as its parent organization prepares to be merged into the International Sustainability Standards Board at the end of this month.

Technology adoption decisions almost automatically create a Catch-22 situation, as both maintaining and breaking the status quo carry costs by aggrieved parties.

The board voted to add a project to its technical agenda on financial instruments with environmental, social and governance-linked features and regulatory credits.

The Top 100 Firm aims to recognize U.S.-based businesses that are “changing the game” with their commitment to environmental, social and governance practices.

High-net-worth financial planning clients are looking for more options.

A group of finance leaders are coping with a steady stream of economic disruptions this year and they’re planning ahead for tax hikes and more.

The Securities and Exchange Commission is taking its biggest step yet to stop money managers from misleading investors when they claim their funds are focused on environmental, social or governance issues.

TradeZero has settled with the commission over charges that it misled investors when it said it does not restrict access to meme stocks.

The foundation laid out how it will be using the standards and the integrated reporting framework it is inheriting from the Value Reporting Foundation.

The board of trustees released a draft strategic plan Tuesday and is asking for input.

When the IFRS Foundation trustees put out their Consultation Paper on Sustainability Reporting, the accounting scientific community responded in unusually high numbers.

Climate change could cost the global economy $178 trillion over the next 50 years, a 7.6% cut to global GDP in 2070 alone, according to estimates from the Big Four firm.

Finance ministers and central bank governors are asking the new board to go beyond climate change disclosures to set standards in other areas related to nature and social issues.

The board described some broad steps Wednesday to achieve the baseline by the end of the year.