Reporting Agencies to Collaborate
The International Integrated Reporting Council (IIRC) and the Global Initiative for Sustainability Ratings (GISR) say that a cohesive reporting landscape enables businesses to become more resilient, which leads to greater stability in global markets.
So the organizations signed a memorandum of understanding (MOU) to support a global alignment of corporate reporting and ratings.
GISR is focused on driving increased transparency and effectiveness of sustainability ratings. It is working to mesh financial and sustainability information into a holistic approach to rating both credit and companies. In so doing, ratings will benefit directly from information flowing from integrated reports that use the International Framework.
The MOU outlines the basis for ongoing collaboration and alignment between the two organizations. Among other measures, IIRC and GISR agree to strive for compatibility in the ongoing development of their respective frameworks and standards.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Energy Storage in the Fast Lane
- Alberta Firm Aims for Energy Neutral Egg Laying Barn
- The Department of Energy Seeks to Improve the Better Buildings Challenge
- Behind the Meter: The Many Advantages of Energy Benchmarking
- Telecommunications Companies Upgrade Their Approaches to Energy
- Cutting Energy Use in Fire Stations
- Revolution Lighting Signs School Districts in NY, NJ
- Green Building Boom Is Pumping Billions into US Economy, Retrofits Are Fueling the Trend