Five Organizations to Create Single Set of Standards for Corporate Sustainability

CDP, the Climate Disclosure Standards Board, the Global Reporting Initiative, the International Integrated Reporting Council, and the Sustainability Accounting Standards Board will work together to create a single set of standards for corporate sustainability reporting. This approach is intended to help stakeholders base decisions on comparable information and reduce the burden on reporting companies. The groups note the need for corporate sustainability data to be structured around agreed taxonomies and available in a public platform.