Last month the IIRC and ICAS (the professional accountancy body) published a new approach that supports businesses looking to contribute to the achievement of the Sustainable Development Goals. The publication maps the SDGs against the International <IR> Framework and provides practical guidance to companies undertaking <IR> on how they can address the SDGs in their reporting.
This conceptual document provides a framework for embedding sustainable development issues in an organization’s decision making, strategies and business model by: considering risks and opportunities presented by the external environment; and, acknowledging that creating value over time requires the organisation to acknowledge and address the risks and opportunities associated with social and environmental stewardship. The sustainable development issues which gave rise to the Sustainable Development Goals pose limitations on the availability of capitals on which businesses rely. This framework is aligned with the multi-capital International <IR> Framework issued by the International Integrated Reporting Council (IIRC, 2013). Through its emphasis on connectivity and Board oversight, it facilitates high-level engagement and a holistic approach (integrated thinking).
Companies that use the <IR> Framework have reported improvements in their processes of identifying risk and opportunity and the breadth of issues considered to impact on long-term value creation through the multiple capitals approach. This document therefore harnesses these benefits to demonstrate how <IR> can be used to embed the SDGs in organizations’ thinking and reporting. Read More
- CBCSD and Members Participated and Suggested on the Project for Technical Regulation on Low-carbon Pilot Community
- CBCSD and Members Participated in the APEC Cooperation Network Construction Forum of Green Supply Chain
- Calculation Method of CO2 Emissions in Petroleum and Natural Gas Exploitation Enterprises & Calculation Method of CO2 Emissions in Water Network of Chemical Enterprises
- CBCSD Attended the Workshop for Environmental Protection and Sustainable Development and Delivered Introductions
- WBCSD: Tackling the Challenge, How to Make Informed Choices on Forest Product?
- The National New-Type Urbanization Plan Released, Board Members of CBCSD Help the Sustainable Development of Cities
- Board members of CBCSD Actively Participated in the Carbon Trading and International Climate Change Process
- Two industrial Standards Compiled by CBCSD Passed Examination
- Widespread Use of the Achievements Businesses Energy Saving and Greenhouse Gas Management
- CBCSD held Chemical industry enterprise value chain (range 3) greenhouse gas emissions, accounting and reporting guidelines