What are the best ways to stay informed about ESG frameworks and standards?

To stay informed about ESG frameworks and standards: 1. Subscribe to newsletters from GRI, SASB, and TCFD. 2. Follow ESG regulatory bodies on social media. 3. Attend ESG webinars and events. 4. Connect with industry associations for sector insights. 5. Utilize online ESG platforms for consolidated info. 6. Network with ESG professionals on LinkedIn and Twitter. 7. Enroll in ESG courses for in-depth knowledge. 8. Review sustainability reports from top companies. This mix of strategies ensures ongoing awareness of ESG trends and practices

Today, with the convergence and consolidation of Sustainability Reporting standards, only two key SR Standards remain - the IFRS ISSB (which comprises SASB, IR, TCFD) and GRI Standards. That's all you need to know. These bodies provide lots of free capacity-building. The ESG Ratings market, on the other hand, continue to grow, and add more to the "alphabet soup". If you had to pick one to focus on, I'd recommend CDP. But if your ESG data management is on-point, you probably could respond to all of them with the same set of data, sliced and diced to what the questionnaires require.

Staying informed about ESG frameworks and standards begins with actively following reputable sources of information in the sustainable finance and responsible investment domain. Subscribe to industry-leading publications, such as academic journals, research reports, and specialized newsletters dedicated to ESG topics. Regularly monitor updates from credible organizations and regulatory bodies, including the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and the Climate Disclosure Standards Board (CDSB), to stay abreast of the latest developments, guidance, and best practices in ESG reporting and disclosure.

Master Frameworks: SASB, CDP, ISSB, TCFD, and GRI help create effective sustainability reports. Follow these climate action and staff well-being principles. Stay Current: On IFRS S1 and S2? BloombergNEF (favourite) offers deep industrial knowledge. Find Your Sustainability Tribe: Belong to ESG networks. They'll advise you on trends and best practices, like your sustainability squad and various ESG groups on LinkedIn. Study Champions: Read success stories and case studies (Ajanta-Shoes [solar] being my favourite). The "handbooks of sustainability success" show how ESG frameworks enhance companies. Go deeper online: Follow sustainable news, ESG blogs, and thought leaders, and statistically understand current trends with Statista.

Following credible platforms is one of the best medium to stay updated of the ESG frameworks; for instance, GRI standard reporting systems, SASB, TCFD and Climate Disclosures, etc. Subscribing to these platforms leads to easy access to information. Further, some of the regulatory organizations whether it is national or international is important to make the reporting bias-free.

Despite different origins and objectives, growing convergence amongst frameworks: - GRI offers widely adopted flexible sustainability reporting standards for all organizations - SASB provides industry-specific standards focused on financially material factors for SEC filings - TCFD centered on climate-related financial disclosures for investors - IIRC facilitates integrated reporting connecting ESG with strategy and value - GRI, SASB broad scope across environment, social, governance issues - TCFD, SASB aligned with financial filers and investors - IIRC can be used in conjunction with other frameworks Important to track alignment initiatives by standards boards to harmonize approaches

Analyzing and contrasting ESG frameworks like GRI, SASB, IIRC, and TCFD enhances comprehensive understanding. This method enables professionals to discern nuances, strengths, and weaknesses, facilitating informed decision-making for effective ESG integration and disclosure.

Comparing and contrasting different frameworks and standards is only useful if you have an end outcome in mind. Based on the consolidated that has occured at a global level, with IFRS ISSB S1 and S2 now being the global standard, the most useful comparison to start with would be the TCFD mapping to IFRS, which was published by IFRS in July, 2023. This because up until ISSB published the S1 & S2, TCFD was the golden standard globally. There also other mapping documents available looking at comparing and contrasting ISSB S1 & S2 to the GRI which was published by IFRS in January, 2024.

Conduct a mapping exercise. Open the different frameworks and standards and see where the similarities and differences are. Understanding how the different frameworks and standards relate will also help you understand which actions may address several gaps at once.

Following organizations that already issue frameworks and standards is a great way to learn about possible updates and their new versions. But what about entirely new standards (such as the new ISO IWA 42 on "Net zero guidelines")? There is no better way to stay current than to network with the right people, who share your concerns, needs, and interests. This way, one stays informed about all the new trends and requirements out there regarding a rapidly changing business environment, including the ESG frameworks and standards.

One of the best ways to follow the latest ESG Frameworks and Standards is to join the mailing list of IFRS ISSB and GRI, as well as joining relevant ESG Sustainability LinkedIn Groups. Further, identifying ESG thought leaders and following their profiles will also help you stay informed.

Te puedes unir a comunidades de expertos en linkedin y en otras redes, te dejo algunas recomendaciones: - Empresability - Woman action sustainability Algunos grupos dentro de linkedin a los que puedes unirte: - Upgrading ESG - UN SDG Carbon Climate Renewable Sustainability ESG CSR Sustainable Green Eco Circular Regenerative - Expertos en sostenibilidad, responsabilidad social corporativa y cambio climático - Sustainability ESG CSR Climate Carbon Renewable Eco Green Net Zero Circular Regenerative Economy - Gestión de la Sostenibilidad /Sustainability Management

One of the best ways to engage with stakeholders and stay up to date with the latest standards is to subscribe to the mailing lists of your local regulators and following ESG related topics. The email newsletters from the various regulators outline opportunities to join working groups where you can play a key role in engaging with stakeholders and helping shape the standards and regulations, creating a real impact.

For a topic as dynamic and relatively new, at least its application, we could say first decade of the 2000s, it is important to participate in these types of forums on LinkedIn, since it is the world's largest professional network, and the most effective way for news to arrive in summarized form.

For engaging with stakeholders, it is important to be updated with the latest information. These can be done by subscribing to the newsletters of regulatory organizations, sustainability reports' compliances, LinkedIn learning forums, and to name a few. Also, if we connect and interact with relevant personalities on LinkedIn, then it can be a real game changer leading to a great personality and professional development.

In navigating the complexities of ESG frameworks and standards for my master thesis on environmental accounting, I delved deep into experimenting with sustainability practices tailored to corporate needs. The focus was on utilizing Activity-Based Costing (ABC) to accurately calculate product carbon footprints (PCF). This demonstrated how accounting methods can lead to more informed environmental decision-making and drive meaningful change. I learned the importance of adaptability and the implementation of sustainability initiatives to enhance business value and ESGs. This reaffirms the significance of experimenting with ESG practices to discover effective strategies that align with both corporate goals and global sustainability objectives.

To stay informed about ESG frameworks and standards, regularly consult leading organizations' publications and updates, such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and the Task Force on Climate-related Financial Disclosures (TCFD). Follow industry thought leaders and relevant regulatory bodies on social media. Join professional networks and forums dedicated to sustainability and ESG topics. Attend webinars, conferences, and workshops focusing on ESG trends, and subscribe to newsletters from reputable sources in the field.