Sustainable Development and ESG
The scope of sustainable development is broader than ESG. It is a blueprint for achieving global development and involves resource balance within and between generations. The United Nations has published 17 Sustainable Development Goals to encourage activities.
Both sustainable development and ESG involve environmental and social aspects, but ESG has been directly related to enterprises and is a standard for measuring financial, environmental and social performance. Sustainable development favors all global stakeholders.
Sustainable Disclosures
Sustainable disclosure is a core concern for global regulators in ESG development. Currently, IFRS S1 and IFRS S2 issued by the International Sustainable Development Standards Committee have become the basis for designating sustainable information disclosure policies in multiple jurisdictions worldwide.
Sustainable disclosure is primarily based on climate change, as climate change is a material issue in environmental factors. Subsequent regulators will formulate policies for areas such as biodiversity, water and supply chain.
International Chamber of Commerce Releases Principles for Sustainable Trade Finance
International Chamber of Commerce (ICC) releases its second edition of principles for sustainable trade finance
World Federation of Exchanges Releases Report on Exchange Sustainability Survey
World Federation of Exchanges (WFE) releases a report on exchange sustainability survey
European Securities and Markets Authority Releases Sustainability Claim Guidelines
European Securities and Markets Authority (ESMA) releases sustainability claim guidelines
Morgan Stanley Releases 2025 Corporate Sustainability Survey Report
Morgan Stanley Institute for Sustainable Investing releases its 2025 Corporate Sustainability Survey
UK Releases Exposure Draft of UK Sustainability Reporting Standards
UK Department for Business and Trade releases an exposure draft of UK Sustainability Reporting Standards
IFRS Releases Guidelines for Transition Plan Disclosure
IFRS releases guidelines for transition plan disclosure, aimed at providing guidance for companies
Global Reporting Initiative Releases Sustainability Taxonomy
Global Reporting Initiative (GRI) releases a sustainability taxonomy aimed at establishing a digital framework for sustainable information disclosure
IFRS Launches Free Sustainable Disclosure Courses
IFRS Sustainable Disclosure Courses IFRS launches free sustainable disclosure courses aimed at helping users understand how to apply IFRS S1 and IFRS S2. All courses