Listed below are essentially the most related developments on the earth of structured reporting we turned conscious of in the midst of final week.
1 Name for tenders – growing the XBRL taxonomy for the primary set of ESRS
2 Webinars on ISSB taxonomy now obtainable
Earlier this month, the Worldwide Sustainability Requirements Board (ISSB) ran two dwell webinars on the IFRS Sustainability Disclosure Taxonomy and its present request for suggestions. It’s looking for enter that may assist set the path for future work on this XBRL taxonomy, which is able to allow international digital reporting of sustainability info in response to the IFRS Sustainability Disclosure Requirements presently below improvement.
The ISSB is already nicely forward within the XBRL taxonomy constructing enterprise, it appears.
3 Digital ESG information means richer insights
“The world is grappling with dramatic shifts in local weather change, environmental, social, and geopolitical occasions. In a world of speedy digital transformation, how do firms, buyers, regulators, normal setters, and extraordinary residents reply to those shifts?” asks Christine Tan in a current visitor submit at ESG At present.
Monetary resolution making has comparatively low dimensionality in comparison with ESG aware resolution making with its 17 Sustainable Growth Targets (SDGs) and its 169 sub-goals. It ought to come as no shock to anybody that much more comparably nicely structured, granular information is required to realize these objectives.
Christian Dreyer CFA is well-known in Swiss Fintech circles as an professional in XBRL and monetary reporting for buyers.
Now we have a self-imposed constraint of three information tales every week as a result of we serve busy senior leaders in Fintech who want simply sufficient info to get on with their job.
For context on XBRL please learn this introduction to our XBRL Week in 2016 and skim articles tagged XBRL in our archives.
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