Blog

29 Sep 16

EU Non-Financial Reporting Directive – How companies make the most out of it

This article was originally published on CDSB's website following the release of its EU environmental reporting handbook.

From 2016, certain companies in EU Member States are required to report non-financial information in their management report, but what could this look like?

The Directive 2014/95/EU on the disclosure of non-financial and diversity information (NFR Directive), amends the Accounting Directive 2013/34/EU to require certain large companies to disclose information on policies, risks and outcomes as regards environmental matters, social and employee aspects, respect for human rights, anti-corruption and bribery issues, and diversity in their board of directors.

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Non-Financial Reporting , Environment

25 Jul 16

Countdown to EU NFR Directive day

This article was originally published on Financier Worldwide

With the implementation date of the EU’s Non-Financial Reporting (NFR) Directive now less than six months away, effective as of 1 January 2017, companies across the EU-28 that fall within its scope are preparing themselves for its arrival.

In a nutshell, Directive 2014/95/EU, amending Directive 2013/34/EU, requires certain companies – i.e., public and private companies of a certain size, as determined by number of employees (upwards of 500), balance sheet total and revenues – to disclose to authorities information relating to policies, risks and outcomes as regards environmental matters, social and employee aspects, respect for human rights, anticorruption and bribery issues and boardroom diversity.

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Non-Financial Reporting , Reporting Guidance , Environment

13 Jun 16

Non-Financial Reporting Summit - 30th June

Greenstone is holding its Non-Financial Reporting Summit on Thursday 30th June in London. The Summit, held at the newly opened IOM3, will consist of an expert panel discussion with guest speakers exploring the state of non-financial reporting.

This session will then be followed by networking opportunities, with Greenstone clients, partners and business associates, over canapes and refreshments.

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Non-Financial Reporting , Event

25 Apr 16

EU Non-Financial Reporting Directive – the latest

Since its introduction in 2014, the EU Non-Financial Reporting Directive (aka Directive 2014/95/EU) has been a hot topic and the implications to affected organisations and corporate disclosure have been widely discussed.  In this blog, we summarise the current status of the Directive and what we think you need to know.

Background

In 2014, the EU introduced a new directive on the disclosure of non-financial and diversity information by large companies and organisations. Developed to provide investors and other stakeholders with a comprehensive picture of performance, the Directive requires organisations to publish accurate non-financial reports.

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Non-Financial Reporting , Environment

15 Mar 16

Getting it right: CDP reporting - workshop on 5th April

As part of its CDP Partnership, Greenstone is holding a free CDP reporting workshop at techUK on Tuesday 5thApril.

With a guest speaker from CDP, this workshop is suited to both organisations who are thinking about starting to report to CDP as well as those reporting that are interested in finding out how to improve their score.

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Non-Financial Reporting , Event , CDP

9 Nov 15

Greenstone announced as a CDP accredited software partner

Greenstone has partnered with CDP to further streamline the CDP reporting process for its software clients. CDP has accredited Greenstone as an official Climate Change Software partner as part of its partnership programme. 

This partnership provides Greenstone’s clients with a CDP accredited software platform to collect, manage, analyse and report non-financial information. Greenstone’s Enterprise solution includes the CDP reporting questionnaires, which simplifies the reporting process for organisations and enables them to collect the exact data required for reporting to CDP.

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Non-Financial Reporting , Environment , CDP

8 Jul 15

Climate Change Reporting: Why do we bother?

Greenstone’s Head of Client Services, David Wynn, attended the OECD Global Forum on Responsible Business Conduct in Paris. Here he reflects on the key global trends and discussions on climate change reporting from the event.

Hot off the tail of the warmest May since records began, the OECD Global Forum in Paris brought with it more sweltering heat and an opportunity to share thoughts and insights with global leaders working in responsible business conduct. Covering everything from human rights in international sport to China’s approach to human rights, the forum was an opportunity for global professionals to share information and set the stage for a long-term vision for sustainable business.

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Non-Financial Reporting , Reporting Guidance

24 Jun 15

Defra 2015 Conversion Factors: what’s changed?

Defra 2015 is here! UK Government Conversion Factors for company reporting are updated annually and this year is no different. The updates are mainly limited to the revision and modification of existing emission factors.

What’s new?

We have examined what’s new and have listed below some of the most notable changes in this year’s updates that may have an impact on your organisation;

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Non-Financial Reporting , Emissions factors

3 Mar 15

Greenbiz Forum Blog Series. Part 1: How does sustainability create value?

Greenstone's Head of Client Services, David Wynn attended the annual Greenbiz Conference in Phoenix (17th-19th February 2015). In this blog series, he reflects on some of the key trends from the event [1].

“My flight was almost cancelled”. By 10 am it was the second time I had heard someone suggest they were lucky to make it to the Greenbiz Forum in Phoenix, Arizona because of unprecedented snowfall in the North-East of the US. As well as being a conversation icebreaker, extreme weather and wider climate change impacts underpinned why hundreds of sustainability professionals had gathered in the Arizona desert to explore the trends, challenges and opportunities in sustainable business.

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Sustainability , Non-Financial Reporting

12 Feb 15

Everything you should know about the new GHG Protocol Scope 2 Guidance

Powersupply-1The GHG Protocol’s Corporate Accounting and Reporting Standard is the leading global methodology for calculating the emissions of corporate organisations. As well as providing guidance for organisations on how best to report emissions in a consistent and transparent way, the standard underpins our software solutions at Greenstone. We use the GHG Protocol to apply location-based emissions factors and in doing so automate and streamline the use of the Standard for our clients.

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Non-Financial Reporting , GHG Protocol