WEF Archives

Yes, ESG Is Complicated. Together, We Can Simplify It.

April 2, 2021

Co-Authored by Janine Guillot and Maha Eltobgy. Janine Guillot is CEO of SASB. Maha Eltobgy is Head of Shaping the Future of Investing and a member of the Executive Committee at the World Economic Forum. When the challenges we face transcend international boundaries, so must the solutions we design. In the wake of Covid-19, the […]

IFRS Foundation Aims for Coherence, Not Complexity

November 6, 2020

As someone who started my career as a technical accountant and today leads a global sustainability accounting organization, I have been immersed in the world of financial reporting longer than I care to admit. In my view, the IFRS Foundation’s Consultation Paper on Sustainability Reporting is the most significant development in accounting standard-setting since the […]

For Bank of America, Sustainability Isn’t an Either/or Proposition

October 27, 2020

In July 2020, Bank of America published its first Sustainability Accounting Standards Board (SASB) report. In this Q&A with Neil Stewart, SASB’s Director of Corporate Outreach, Rudi Bless, Bank of America’s Chief Accounting Officer and a member of the SASB Foundation Board of Directors, shares the company’s strong focus on environmental, social, and governance (ESG) […]

CEOs Back Convergence of Corporate Reporting

September 29, 2020

At the Sustainability Accounting Standards Board (SASB), we have long worked to illuminate the important interconnections between sustainability issues and business outcomes. We’re pleased to be joined in that effort by approximately 120 chief executive officers from many of the world’s largest and most influential companies. At the World Economic Forum’s (WEF) Sustainable Development Impact […]

Double and Dynamic: Understanding the Changing Perspectives on Materiality

September 2, 2020

The following guest blog was written by Donato Calace, Vice President of Accounts and Innovation at Datamaran. The conversation around materiality is evolving, and so is the language—we increasingly hear about double or dual materiality and dynamic materiality. But is it just semantics, or is there substance to the changes? And what does it all […]

Sustainability Has Climbed The Corporate Ladder – Now What?

February 21, 2020

A group of approximately 120 chief executive officers from many of the world’s largest and most influential companies recently sent a clear signal to global capital markets: Sustainability is on the corporate agenda. At the World Economic Forum (WEF) annual meeting in January, the International Business Council (IBC) released a consultation draft of a report […]