Collaboration between ISSB and GRI aims to create a common approach for companies to report environmental, social, and governance impacts in Asia, streamlining reporting and reducing costs. The International Sustainability Standards Board (ISSB) has created reporting standards for sustainability information in financial statements, prioritizing financial reporting and quantifiable metrics. Double materiality, a concept that considers both financial and impact materiality, aims to encourage transparency and holistic decision-making in corporate reporting. Existing emissions reporting guidelines are unlikely to provide clear answers for investors looking to compare companies' emissions, with variations in disclosures and assumptions posing challenges.

Collaborative Sustainability Reporting