KPMG China’s Post

Navigating the Future of ESG Reporting 🌍 2025 will be a turning point for corporate sustainability as companies begin reporting under the EU’s Corporate Sustainability Reporting Directive (CSRD). This new standard sets a benchmark for rigor in ESG reporting, while the International Sustainability Standards Board (ISSB) standards managed by the IFRS Foundation are poised to become mandatory in several countries, fostering global alignment. 👉 Read more about ISSB Standards: https://lnkd.in/d-uqAfNC As ESG reporting evolves into a mandatory and standardized practice, businesses worldwide face a unique mix of challenges and opportunities. Are you prepared? Explore and gain insights into the complex ESG policy landscape of 2025 in the comprehensive guide, Sustainability Disclosure for Companies: 2025 Edition, issued by Watershed, and stay ahead in this rapidly changing landscape. 👉 Access guide here: https://lnkd.in/dk8cUtNh #ESG #Sustainability #CorporateReporting Photo by Paddle North on Unsplash

Evolution of sustainability reporting in Asia Pacific -Beyond the HorizonA detailed view of sustainability reporting and assurance systems and trends across the Asia Pacific region Summary: The Evolution of Sustainability Reporting in Asia Pacific report provides a comprehensive overview of the region's advancements in Environmental, Social, and Governance (ESG) reporting. It highlights the growing alignment with global standards like IFRS S1 and S2, GRI, and TCFD, emphasizing the region's transition from voluntary to mandatory reporting frameworks. Key takeaways include: Regulatory Momentum: Countries in Asia Pacific are increasingly mandating ESG disclosures, driven by investor demand, regulatory developments, and the global push for sustainability. Alignment with Global Standards: The adoption of ISSB standards and frameworks like CSRD reflects the region’s integration into global ESG norms, fostering consistency and credibility. Broader Reporting Scope: ESG reporting now extends beyond environmental metrics to include social impact and value chain considerations, addressing income inequality, labor rights, and inclusive growth. Challenges: Companies face barriers like data unavailability, resource limitations, and a fragmented regulatory landscape, which hinder full compliance and disclosure. Opportunities for Value Creation: Sustainability reporting is evolving from compliance to strategic communication, enabling companies to engage stakeholders and drive long-term value creation. The report underscores the need for corporates to integrate ESG considerations into business strategies, establish robust governance structures, and embrace assurance practices to ensure reliable disclosures. #SustainabilityReporting #ESGStandards #AsiaPacific #GlobalAlignment #ClimateAction #CorporateGovernance #IFRSS1S2 #SustainableDevelopment

The IFRS Foundation has published a guide to help companies voluntarily apply ISSB sustainability reporting standards. Learn more via ESG Today. https://bit.ly/3AaJfNS

As the global focus on #ESG related issues and oversight grows, so do the associated risks. Are you prepared? Explore how others are tackling these critical matters with insights from ACC Docket articles with contributions from Carmelo Lipari, Mario Cigno, Kat K., Adrian Phoon: ▪️Integrating ESG Into Business Relationships: Practical Guidance for In-house Counsel - https://lnkd.in/e2WPT_UH ▪️Framework for an ESG Approach in Europe - https://lnkd.in/evmXNvaU ▪️ESG Compliance in the Asia-Pacific Region - https://lnkd.in/enWq57_R What is your strategy for managing ESG risks and opportunities? Share your thoughts below. #Sustainability #InHouseCounsel

Are your ESG reports compliant? It's important that all ESG reporting is aligned with international frameworks such as GRI and IFRS S1 and S2. 📊 These frameworks guide comprehensive ESG reporting. It's imperative that all your ESG reporting meets these guidelines to avoid potential conflicts with regulatory bodies. At GreenCo, we specialise in delivering cutting-edge, insightful, and practical solutions to your ESG needs and concerns. We place an emphasis on all our advice being as practical and actionable as possible. Advice is useless if you can't put it into operation or if it takes so long to get it into operation that you are out of compliance for an extended period. The goals of all ESG programmes need to be transparent, sustainable, and resilient. Properly formulated ESG programmes can contribute to the strength of the organisation and provide the company with long-term returns that help to ensure the organisation's success. 🌱 How do you handle ESG reporting in your organisation? Do your ESG efforts contribute to the strength of your organisation? #ESGCompliance #Sustainability #GreenCoESG #Transparency #RegulatoryCompliance

With evolving regulations, private companies are encouraged to embrace ESG reporting. Transparency and sustainable practices can offer business value and pave the way for future compliance. Stay informed about the changing ESG regulation landscape with insights from Kirsten Vosen, Audit & Assurance Deloitte Private leader at Deloitte & Touche LLP, published by ESG Today.

With evolving regulations, private companies are encouraged to embrace ESG reporting. Transparency and sustainable practices can offer business value and pave the way for future compliance. Stay informed about the changing ESG regulation landscape with insights from Kirsten Vosen, Audit & Assurance Deloitte Private leader at Deloitte & Touche LLP, published by ESG Today.

With evolving regulations, private companies are encouraged to embrace ESG reporting. Transparency and sustainable practices can offer business value and pave the way for future compliance. Stay informed about the changing ESG regulation landscape with insights from Kirsten Vosen, Audit & Assurance Deloitte Private leader at Deloitte & Touche LLP, published by ESG Today.

Dive into Mainland China's New ESG Reporting Guidelines! The ESG report disclosure rate of A-share listed companies has been increasing year by year. Learn about mandatory reporting scope, deadlines, and alignment with international standards in our latest article. Read more: https://lnkd.in/evpsxmHc

The Global Reporting Initiative (GRI) has released three ESG guidance documents to foster better disclosure and standards-based policymaking 👇 The documents cover double materiality, due diligence, and the Corporate Sustainability Reporting Directive (CSRD). 1️⃣ Double Materiality Guidance Understanding the interconnectedness of a company's impacts on society and the environment with its financial performance is crucial. GRI reporting equips companies to address double materiality, ensuring impacts are considered in financial risk and opportunity assessments. 👉 Download here: https://lnkd.in/dyyzVNMN 2️⃣ Due Diligence Guidance Businesses must prevent, mitigate, and account for their impacts. GRI Standards integrate due diligence requirements, aligning reporting with authoritative intergovernmental instruments. 👉 Download here: https://lnkd.in/dX8yqqMB 3️⃣ CSRD Guidance Policymakers benefit from harmonizing sustainability disclosure regulations with the EU. GRI Standards closely align with the new European Sustainability Reporting Standards (ESRS), ensuring collaboration to maintain alignment in the future. 👉 Download here: https://lnkd.in/dG7w-QpJ #doublemateriality #csrd #esrs #esgreporting