Driving Meaningful Data – publications
Publications showcase our analysis and positions on sustainability reporting practices and standard-setting developments.
Publications
PRI response to IASB consultation on climate illustrative examples
Global: The PRI welcomes the IASB’s proposed guidance illustrating how companies should apply IFRS Accounting Standards when reporting the effects of climate-related and other uncertainties in the financial statements.
Briefing: A comparative analysis of climate disclosure rules and standards
This briefing compares climate disclosure requirements within the ISSB standards, US SEC climate disclosure rule and European Sustainability Reporting Standards.
Consultation on the PRI’s Investor Data Needs Framework
The PRI consulted on its Investor Data Needs (IDN) Framework from June 2023 to March 2024.
Briefing: Summary of the inaugural ISSB Standards
In June 2023 the ISSB released final versions of its first two sustainability reporting standards. This briefing note aims to support signatories by summarising reporting requirements within the standards, including requirements set out in the Appendices to the standards and accompanying guidance.
Climate data and net zero: Closing the gap on investors’ data needs
Investors need robust and reliable climate data to deliver and credibly report on their net zero commitments. However, there are gaps in the data currently available. This report explores where those gaps are and looks at what action could be taken by data providers and other stakeholders to build a ...
PRI response to ISSB consultation on agenda priorities
The PRI published a response to the ISSB’s consultation on its next two-year workplan, setting out recommendations on how the ISSB should prioritise its future activities and research projects across sustainability topics to better meet investor data needs.
PRI response to ISSB Consultation on Internationalising SASB Standards
The PRI welcomes the ISSB’s proposed methodology to internationalise references within the SASB Standards, which are now part of the IFRS Foundation, and recommends future enhancements to the Standards to better meet the data needs of responsible investors.
The PRI’s Investor Data Needs Framework
This paper sets out the PRI’s Investor Data Needs Framework, which offers a structure to identify decision-useful corporate sustainability data for responsible investors.
Understanding the data needs of responsible investors
Responsible investors need decision-useful data to inform their investment process and reporting. Recent developments in standards, rules and laws regarding corporate sustainability disclosure aim to address these data needs.
PRI response to EFRAG consultation on draft ESRS implementation guidance
Global: The PRI published a response to EFRAG’s consultation on draft implementation guidance for the European Sustainability Reporting Standards (ESRS), setting out recommendations to improve the decision-usefulness of ESRS reporting for investors.
Investor associations call for preserving the timeline and integrity of the CSRD and ESRS Set 1
This PRI letter, co-authored with Eurosif, urges the European Commission to maintain the integrity and timeline for implementation of the CSRD and corresponding ESRS Set 1.
Briefing: ISSB decisions on the first set of IFRS Sustainability Standards
From September 2022 to February 2023 the IFRS Foundation’s International Sustainability Standards Board (ISSB) made decisions on its first set of Sustainability Standards. This briefing note summarises all ISSB decisions and therefore provides insight on what information investors might receive from portfolio companies reporting against the final Standards.
PRI supports progress on IFRS Sustainability Standards
This PRI statement welcomes the efforts by the IFRS Foundation and IOSCO to develop a globally shared baseline for reporting on sustainability-related financial information, encourages continued work towards this objective and calls for interoperability between the future IFRS Sustainability Disclosure Standards and jurisdictional initiatives.
Sustainability information is crucial for valuing companies – and high-quality data is key
René van Merrienboer, Director of Sustainable Markets, PRI, and Pepijn Rijvers, Executive Vice-President, Redefining Value, World Business Council for Sustainable Development
PRI statement on draft European Sustainability Reporting Standards
This PRI statement welcomes the latest draft European Sustainability Reporting Standards (ESRS) by the European Financial Advisory Group (EFRAG) and sets out five priority elements that co-legislators should retain within the final standards.
Briefing: A comparative analysis of draft climate disclosure rules and standards
Similarities and differences across major climate-related disclosure requirements proposed this year, and a comparison with the recommendations and guidance from the TCFD.
CSRD and ESRS: how EU corporate sustainability reporting is evolving
By Hazell Ransome, Senior Policy Analyst, EU, PRI; and Benjamin Taylor, Analyst, Driving Meaningful Data, PRI
PRI consultation response on Exposure Draft European Sustainability Reporting Standards
The PRI welcomes the publication of Exposure Draft European Sustainability Reporting Standards (ESRS) by the European Financial Advisory Group (EFRAG) and is broadly supportive of their content. Our recommendations seek to ensure that reporting under the ESRS meets the information needs of responsible investors.
Review of trends in ESG reporting requirements for investors
An overview of environmental, social and governance reporting requirements for investors around the world and the trends driving the disclosures
PRI consultation response on International Sustainability Standards Board (ISSB) Exposure Drafts
The PRI supports the ISSB’s mission to deliver a high-quality global baseline of sustainability-related financial disclosures and welcomes the structure and content of Exposure Drafts. Our recommendations seek to ensure that reporting under IFRS Sustainability Disclosure Standards meets the information needs of responsible investors.
Engaging on the European Sustainability Reporting Standards
Under PRI’s Driving Meaningful Data programme, we will work with our signatories to engage and provide feedback on the developments around the European Sustainability Reporting Standards.
Engaging the International Sustainability Standards Board (ISSB)
Under the PRI’s Driving Meaningful Data programme, we will work with our signatories to engage with the ISSB as it works to develop a global baseline of sustainability-related financial disclosure standards.
Draft Position Paper – TRWG prototype climate and general disclosure requirements
[Region: Global] The PRI welcomes the publication of prototypes developed by the Technical Readiness Working Group. To inform further development of the Sustainability Disclosure Standards led by the ISSB, this position paper explains how the current recommendations could be enhanced to better meet the reporting needs of responsible investors.
Bridging the gaps in sustainable corporate-investor communication
By Morgan Slebos, Director Sustainable Markets, PRI and Joss Tantram, Director, Redefining Value, WBCSD
Flying blind - The glaring absence of climate risks in financial reporting
More than 70% of listed companies that represent some of the world’s largest carbon-polluters, alongside most of their external auditors, are not fully accounting for climate-related risks in financial statements. This is despite significant financial risks faced from the climate crisis and net-zero pledges made by many.
PRI consultation response on EFRAG’s proposed Due Process Procedures
The PRI welcomes the proposed processes and recommends maximising user and preparer input and engaging with and contributing to global sustainability reporting initiatives.
Climate Accounting Analyses
In Sept 2020 investor groups including the PRI called upon companies to reflect climate-related risks in financial reporting. Between March and May 2021, the PRI commissioned a series of climate accounting analyses for 52 Climate Action 100+ focus companies coordinated by PRI and AIGCC. These analyses, available to download below, ...
PRI response to IFRS Foundation Consultation Paper on Sustainability Reporting
The PRI welcomes the IFRS Foundation’s proposal for a Sustainability Standards Board, and recommends that this covers all sustainability topics, builds on existing initiatives and adopts a modular approach to harmonisation that recognises the different perspectives and needs across jurisdictions and stakeholders.
Driving meaningful data: financial materiality, sustainability performance and sustainability outcomes
‘Driving meaningful data throughout markets’ is a key PRI Blueprint target. It aims to enable the flow of reliable and comparable data from corporations through the investment chain to beneficiaries and clients. Investors state that ESG is a particular concern. They regularly report to the PRI that a lack of ...
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