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Presentation, Richard Woods, European Union Public Policy Lead, World Benchmarking Alliance.pdf

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Preview of Presentation, Richard Woods, European Union Public Policy Lead, World Benchmarking Alliance
🔗 Source: unctad.org
📊 Size: 606 KB
👤 Author: Richard Woods
⬇️ Downloads: 77

Summary

The Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) 37th session discussed progress and challenges in Sustainable Development Goal (SDG) data collection from companies. The World Benchmarking Alliance (WBA) presented its work, highlighting the importance of business in achieving the SDGs and its own role in developing free and publicly available benchmarks to measure company performance on the SDGs. Key challenges include ensuring comparability, reliability, and consistency of non-financial information, mandatory disclosure of material impacts, and harmonization of data. The WBA aims to publish benchmarks assessing 2,000 companies' disclosure, performance, and impact on the SDGs by 2023, using five 'keystone' principles for selection. Effective reporting ecosystems and accountability mechanisms are crucial for driving change and creating accountability.

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Description

The Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) 37th session discussed progress and challenges in...

Technical Information

  • File Format: PDF
  • File Size: 606 KB
  • Pages: 7
  • Language: EN
  • Author: Richard Woods
  • Total Downloads: 77
  • Last Updated: 5 hours ago

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