How sustainability disclosures are evolving and the prospects for convergence
Release Date: 04/18/2023
EY Sustainability Matters
What happens when over a thousand climate-focused events converge in one city? At Climate Week NYC 2025, the private sector showed up in force, bringing bold ideas, collaborative energy and a clear shift from strategy to delivery. In this episode of EY Sustainability Matters, host Matthew Bell shares insights from leaders across various industries-utilities, consumer goods, technology and agriculture-as well as NGOs interviewed on the sidelines of EY-hosted events. Hear how artificial intelligence (AI) is transforming sustainability efforts, enabling smarter and faster decisions in the race...
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This episode of the EY Sustainability Matters podcast is a rare opportunity to hear from two global thought leaders who have shaped sustainability strategies at the highest levels of business and international development, about the need for a move toward a regenerative economy, and the challenges and opportunities that will present. Nadia Woodhouse from the EY New Economy Unit (NEU) welcomes two distinguished thinkers: Sir Noel Quinn, former Chief Executive of HSBC, and Usha Rao-Monari, former Under-Secretary General of the United Nations Development Programme and member of the EY...
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Host Matt Bell explores the pivotal role of Nationally Determined Contributions (NDCs) in shaping climate policy and investment strategies. He interviews four experts to get their insights. Joanna MacGregor, a senior advisor at the UN Climate Change (UNFCCC), explains how NDCs have evolved into comprehensive national climate plans that can drive economic growth and resilience. Antonina Scheer, Policy Fellow at the London School of Economics and Research Project Manager at the Transition Pathway Initiative Centre, discusses the challenges of financing climate action in emerging...
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This special episode of the EY Sustainability Matters podcast is introduced by Nadia Woodhouse from the EY New Economy Unit (NEU), which focuses on the long-term, systemic shifts toward a new, regenerative economy. Nadia presents a thought-provoking dialogue with two influential leaders in sustainability: Helena Helmersson, former CEO of the fashion giant H&M Group, and Jonathon Porritt, a writer, environmentalist, advocate for sustainable development and a member of the advisory council for the NEU. The discussion centers around the pressing need for businesses to adopt regenerative...
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Despite the popular belief that slavery is a thing of the past, it is estimated that slavery affects around 50 million people globally. Human exploitation for labour and other forms of modern slavery are embedded within the supply chains of many of the products and services that we choose to consume regularly, whether we are buying clothes, electronics, or even a bar of chocolate. This is becoming an increasing concern for business as well. Mounting pressure from both legislative bodies that introduce new regulations and a new generation of consumers, who seem to be willing to pay more for...
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In this episode of the EY Sustainability Matters podcast hosted by Bruno Sarda, the discussion centers around the vital collaboration between the public and private sectors in advancing sustainability efforts. Bruno welcomes Ruth Ahchow, EY Global Government and Public Sector Leader for Climate Change and Sustainability Services, who elaborates on the importance of public-private partnerships (PPPs) as key mechanisms for sustainable development, showcasing successful examples from around the world, including the Asia-Pacific region. Bruno and Ruth discuss how recent political shifts in...
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In this episode of the EY Sustainability Matters podcast, host Bruno Sarda and guests dive into the intersection of sustainability and the music industry. Discussing the topic with Bruno are: Joel Makower, Chairman and Cofounder of the Trellis Group (formerly GreenBiz) and the Strategy Director & Industry Council Chair of the Music Sustainability Alliance, and Olga LaBelle, Vice President and Head of Environmental, Social and Governance (ESG) at Warner Music Group. The speakers discuss the current state of sustainability in the music industry, innovative collaborations for...
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The relationship between business and sustainability is evolving. As awareness of its importance – and value – grows, so does the recognition that responsibility for addressing the subject is not confined to specific sustainability roles. Indeed, growing opinion is that every job within an organization can and should be considered a sustainability job. In this episode, EY Americas Climate Change and Sustainability Services Leader Bruno Sarda sits down with Pia Heidenmark Cook, a former Chief Sustainability Officer at IKEA and now senior board member, speaker and sustainability advisor, and...
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With the world in the midst of a global polycrisis, the New Economy Unit (NEU) — a global research group at the EY organization — was established to look at the key economic forces at play and the leading business practices needed to create a sustainable future. Host Bruno Sarda discusses the NEU and a bigger idea of regenerative business transformation it represents with Matt Bell, EY Global Leader, Climate Change and Sustainability Services, and Anastasia Roussou, EY Head of New Economy Research Unit, in London. Moreover, the discussion covers the work the NEU does with the activist and...
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In this episode, Bruno Sarda, host of the EY Sustainability Matters podcast, meets with prior guests to talk about the significant developments in sustainability over the past year, ahead of the upcoming UN Climate Change Conference or COP29 in Baku, Azerbaijan, later this November. Amy Brachio, EY Global Vice Chair for Sustainability, and Matt Bell, EY Global Leader for Climate Change and Sustainability Services, share their experiences from the 2024 New York Climate Week . They discuss the transition from addressing environmental issues in siloes to a comprehensive view that...
info_outlineThe current global nonfinancial disclosures landscape is highly fragmented with a variety of different bodies evolving reporting frameworks. Will the new ISSB standards accelerate their convergence into mandatory globally accepted ESG reporting standards?
In the final episode of the miniseries on disclosures, host Bruno Sarda is joined by Terence Jeyararetnam, EY Asia-Pacific Leader and Partner, Climate Change and Sustainability Services at Ernst & Young (the Partnership), and a member of the ISSB’s Technical Reference Group.
The discussion begins with the analysis of the different frameworks already in existence from the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) and others. Many businesses have already adopted these, but there is pressure from regulators, investors and other stakeholders for frameworks to be standardized and mandated. Voluntary reporting is not taking businesses far enough to reduce their impact on climate and nature.
The ISSB has an important role in accelerating this, and the hosts discuss whether the aggressive timeline for introducing the ISSB standards is realistic, what resistance is likely and what the prospects are for global acceptance. They also talk about how the new standards from the US SEC and the EU CSRD frameworks will fall into the picture.
Companies should prepare for a potential new reality, where ESG reporting could be as rigorous and mandated as financial reporting. Bruno and Terence discuss the need for culture change and the key role of the CFO in gathering and managing the ESG data.
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