Date posted: 18/07/2023

Navigating The Reporting Landscape

An overview of sustainability reporting for finance professionals.

In brief

  • 2023 has seen significant steps towards global harmonisation of sustainability reporting
  • The ISSB released its first two sustainability disclosure standards in June 2023
  • Access resources to help build your ISSB capacity
  • Keep up to date with these and other developments related to sustainability and climate reporting

While business performance has historically been measured in financial terms, this is changing. Societal awareness of environmental and social issues is increasing. As a result stakeholders are demanding a wider range of information with a clear global trend towards mandatory sustainability reporting.

The last 24 months have seen rapid evolution of the sustainability reporting landscape, most notably the release by the International Financial Reporting Standards (IFRS) Foundation’s International Sustainability Standards Board (ISSB) of its first two standards in June 2023. Together with the consolidation of existing key sustainability reporting frameworks into the IFRS Foundation, including the SASB Standards, GRI Standards, Integrated Reporting Framework and Climate Disclosure Standards Board, this marks significant progress towards harmonising sustainability reporting.

CA ANZ welcomes momentous step towards harmonising global sustainability reporting

The release by the ISSB of its first two standards marks an important milestone for finance professionals and finance teams.

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Build your ISSB capacity

Practical guidance on preparing for the ISSB’s standards

CA ANZ and Deloitte have collaborated to launch a new series providing practical insights and actions to help finance professionals get ready for reporting under the ISSB’s standards.

Access the guides

Sustainability reporting – what SMPs need to know

Episode 17 features Chartered Accountants ANZ Sustainability and Business Reform Leader Karen McWilliams FCA explaining why smaller and medium sized practice Members should care and the impact heading their way.

Bite-sized explainer videos

ACCA has worked with the ISSB to develop a series of bite-size explainer videos on the new standards

Keep up to date with sustainability and climate reporting and related developments

The release of the ISSB’s standards is not the only development. Locally climate-related disclosures are now mandatory in New Zealand, and are soon to be introduced in Australia. Other sustainability reporting and sustainability-related developments are evolving at pace. Whilst this creates opportunities for accountants it also brings challenges including developing new competencies, keeping abreast of changing legislation, regulations and standards, and upholding integrity and objectivity in this evolving area.

CA ANZ is committed to publishing useful information to help you keep up to date and implement these changes.

Inform me

Find information to keep you updated and assist CA’s to lead the way to a sustainable future.

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Tools and Resources – Sustainability

Access practical guidance to assist you to incorporate sustainability and climate into an organisation’s strategy and operations, reporting, assurance, or other business activities.

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Sustainability micro courses

Elevate your knowledge and confidence in tackling the sustainability challenges that face your business through CA ANZ sustainability micro courses.

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