Lindiwe Mafavuneh FCCA,ACPA,MBA(FINANCE )’s Post

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

Following the FGD on Sustainability Issues in ASEAN held on November 2024, CPA Australia and ASEAN Federation of Accountants are pleased to publish the 2024 ASEAN ESG FORUM Report that focussing on ESG Considerations for SMEs in ASEAN. The report highlights the key challenges and opportunities for ESG Adoption among SMEs in the region, as the rapid progress of IFRS S1 and S2 adoption in many Southeast Asia jurisdictions will surely bring significant impacts on the businesses. Based on the insights from a group of diverse panellists representing ASEAN Countries during the FGD, this report also points out the key resource to SMEs and its stakeholders to anticipate the evolving ESG environment. Read press release and download the 2024 ASEAN ESG Forum Report: https://lnkd.in/gWfHZvjV Congratulations for the launching of the report Edward Tanujaya, SE, Ak., MSc, CA, ACMA, CGMA Priya Terumalay FCPA (Aust.) CA (M) Patrick Viljoen FCPA ACMA CGMA Azfar Asa'ad Monika Nabillya

𝗔𝘀 𝗻𝗲𝘄 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗳𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸𝘀 𝗸𝗲𝗲𝗽 𝗯𝗲𝗶𝗻𝗴 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗲𝗱, 𝗻𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗮𝗻 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴𝗹𝘆 𝗳𝗿𝗮𝗴𝗺𝗲𝗻𝘁𝗲𝗱 𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 𝗰𝗮𝗻 𝗯𝗲 𝗮 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲.   ISSB, IFRS, ESRS, CSRD… One can easily get lost when dealing with the myriad of different organisations issuing sustainability reporting frameworks. As jurisdictions across Asia Pacific keep developing their own ESG reporting recommendations and requirements, organisations must stay vigilant if they want to keep up with the ever-evolving ESG compliance regulatory landscape. Read our latest report: https://lnkd.in/g3W_7wzg or contact us for more: Patrick Chu, Head of ESG Reporting & Assurance, KPMG China Irene N.Y. Chu, ESG Reporting Lead, Hong Kong, KPMG China #ESG #MakeTheDifference #SustainabilityReporting

https://lnkd.in/dkKTuXTJ. I re visited this robust conversation on ESG. I thank HLB Jim Roberts | HLB UGANDA & CPA Dr. James Okello Onyoin for facilitating this discourse.

The National Bank of Rwanda’s (NBR) efforts to integrate sustainability within the financial sector are part of a broader movement to equip institutions with the tools and knowledge needed to navigate this complex but crucial terrain. This commitment is reflected not only in the release of comprehensive guidelines but also in the collaborative initiatives shaping industry understanding and capacity. One such initiative, spearheaded earlier this year by Garnet Partners in collaboration with the Kigali International Financial Centre, Rubicola Consulting, and ACCA, took the form of targeted workshops. These workshops underscored the growing importance of sustainability disclosures, equipping professionals with practical insights into aligning corporate reporting with international standards. The link between such capacity-building efforts and the NBR’s phased implementation plan is evident. By emphasizing a gradual rollout of its guidelines, the NBR acknowledges the importance of preparedness across the sector. The tier-specific timelines are designed to harmonize with the International Financial Reporting Standards (IFRS), ensuring a smooth transition while maintaining alignment with global best practices. This phased approach not only reinforces the sustainability agenda but also underscores the NBR’s role as a catalyst for systemic change, providing the sector with ample support to embrace transparency and accountability on a global scale. For full details, visit the NBR’s website: https://lnkd.in/dE3A2qyG

ESG Global has been working hard at helping our clients respond to evolving ESG reporting expectations. In a significant milestone towards the establishment of the global baseline of sustainability disclosures for capital markets, the IFRS Foundation confirmed that jurisdictions representing over half the global economy by gross domestic product (GDP) have announced steps to use the International Sustainability Standards Board’s (ISSB) Standards or to fully align their sustainability disclosure standards with those of the ISSB. These are important developments to monitor as companies seek to develop a strategic approach to ESG reporting and disclosure and position themselves to respond to evolving ESG reporting expectations, including mandatory disclosure requirements. Learn more here: https://lnkd.in/eXyXFSZX #ESG #ESGStrategy #ISSBStandards

If your company is gearing up to release a sustainability report, you'll probably be faced with choosing a reporting framework. Likely at the top of the list: the Global Reporting Initiative (GRI) and Sustainable Accounting Standards Board (SASB). Need help with the differences between the two reporting frameworks? Here’s a quick comparison:  👉 GRI covers a wide range of sustainability topics 👉 SASB is industry-specific and focuses on financially material ESG issues Choosing the right framework depends on many factors, but regardless of the framework you choose, it is important that it aligns with your company’s objectives and key ESG issue areas 👉https://lnkd.in/gDJ9VSQm Need help creating an ESG report aligned to GRI or SASB? Reach out to us today. https://lnkd.in/gibENGN3 #esg #gri #sasb #reporting #sustainabilityreporting

🌍 New Guidance for SMEs Puzzling over ESG 🌍 Last week marked the release of the new ISO IWA 48 Framework and Principles for ESG Implementation at COP29! This milestone brings unprecedented clarity and guidance for practitioners like me. 🌟 As we continue to navigate the complexities of ESG considerations, the IWA 48 provides a comprehensive framework designed to complement, not replace, existing reporting standards such as IFRS and GRI. This ensures that our efforts are aligned with the broader landscape of ESG reporting. What stands out is IWA48's attention to organizational context, making it adaptable for various business sizes, especially SMEs. For once, SMEs are receiving the attention and support they deserve in their ESG implementation journey. This inclusive approach is a game-changer for ESG implementation. BEST PART: IWA 48 IS FREE TO ACCESS BY ALL! 🙌 Here's to a standardized, inclusive, and impactful ESG future! 🌱✨ https://lnkd.in/gxYUWkhi #ESG #Sustainability #ISOIWA48 #ESGImplementation #Standards #SMEs #SustainableBusiness

Standardised ESG reporting through Business Responsibility and Sustainability Reporting (BRSR) has ushered in greater transparency and a holistic view of a business’s environmental and societal impact, enabling investors and other stakeholders to form key decisions through an ESG lens, make comparisons across companies and sectors, and track an organisation’s progress over a period of time. Read PwC India’s analysis of BRSR reports of the Nifty 50 companies and NEXT 50 listed companies here: https://bit.ly/4aZJYhm

Standardised ESG reporting through Business Responsibility and Sustainability Reporting (BRSR) has ushered in greater transparency and a holistic view of a business’s environmental and societal impact, enabling investors and other stakeholders to form key decisions through an ESG lens, make comparisons across companies and sectors, and track an organisation’s progress over a period of time. Read PwC India’s analysis of BRSR reports of the Nifty 50 companies and NEXT 50 listed companies here: https://bit.ly/4aZJYhm