In a significant step towards streamlined sustainability reporting, the Global Reporting Initiative (GRI) and the IFRS Foundation have unveiled a collaborative effort that marks a milestone in corporate environmental accountability. The newly published “Interoperability considerations for GHG emissions when applying GRI Standards and ISSB Standards” offers a comprehensive guide for…

In a significant move towards a greener financial system, the European Securities and Markets Authority (ESMA) has unveiled its Sustainable Finance Roadmap for 2022-2024. This strategic document outlines ESMA’s vision and priorities in integrating sustainability considerations into the financial sector, marking a pivotal step in the European Union’s commitment to…

In an era where corporate responsibility is increasingly under the microscope, a landmark agreement has been reached between the Council and the European Parliament. This agreement, focusing on corporate sustainability due diligence, marks a significant step in ensuring that large companies are held accountable for their impact on both human…

The European Securities and Markets Authority (ESMA) recently responded to the International Auditing and Assurance Standards Board’s (IAASB) proposed International Standard on Sustainability Assurance (ISSA) 5000. This response is pivotal in shaping the future of sustainability assurance practices. ESMA’s Position ESMA’s feedback on the proposed ISSA 5000 standard reflects its…

Last year marked a significant milestone in the European Union’s journey towards sustainability and transparency, with the Commission adopting the European Sustainability Reporting Standards (ESRS). This initiative, integral to the European Green Deal, was established to enhance the reliability and comparability of sustainability information reported by large and listed companies.…

The United Arab Emirates (UAE) marked a triumphant conclusion to its participation in the 54th session of the World Economic Forum (WEF) in Davos, which took place from January 15-19, 2024. This prestigious event, a convergence of global leaders and decision-makers, served as a platform for the UAE to reinforce…

On the first day of the World Economic Forum (WEF), a significant historical moment unfolded in Davos GR, Switzerland, as it hosted a high-profile meeting. President Viola Amherd represented Switzerland, engaging in pivotal talks with EU Commission President Ursula von der Leyen in the evening. This meeting signified not just…

On January 16, 2024, Generation Impact Global attended a private breakfast in Davos, hosted by Bain & Company, focusing on the theme “AI Disruption, a Catalyst for Change.” This event, marked by the presence of AI’s transformative influence across industries, included notable speakers: Dr. Noubar Afeyan, Co-founder and Chairman of…

The 2024 event ‘Accelerating the Transition to Sustainable Infrastructure,’ organized by the Financial Times in partnership with Siemens, convened industry leaders to deliberate on key aspects of sustainable infrastructure. The discussions focused on enhancing electrification, improving efficiency, and formulating strategies to achieve net zero emissions. The event also tackled the…

The World Economic Forum’s 54th annual meeting, scheduled for January 15-19, 2024, in Davos, Switzerland, promises to be a significant event with a diverse group of delegates from global business, government, civil society, media, and academia. The meeting will focus on addressing the world’s most pressing issues and setting priorities…