With compliance conversations heating up, sustainability reporting and options for meeting requirements continue to be top priorities for proactive businesses. This is the second part of our conversation with BDO partners Andrew Buchanan, BDO's Global Head of IFRS and Corporate Reporting, and Christopher Tower, BDO USA's ESG Strategy and Services Leader. Together they explore key sustainability requirements proposed by the Canadian Securities Administrators, the U.S. Securities and Exchange Commission, and the EU Corporate Sustainability Reporting Directive.

What You'll Hear In This Episode:

[1:30] Specific key requirements and significant differences of the various scopes across the countries.

[6:49] Andrew defines scenario analysis and highlights proposal requirements from the ISSB.

[9:40] Scenario analysis and disclosure requirements from the U.S. perspective.

[10:33] Andrew highlights the presentation draft risks and proposed guidance for disclosures.

[14:07] Acronym definitions and clarifications regarding their purposes.

[15:30] Christopher addresses the disclosure of unfair labor practices and the burden of proposed disclosures within financial statements.

[21:20] Which disclosures are subject to audit regardless of the size or type of filer? Andrew offers caution regarding the real need to aggregate.

[24:05] Similarities between various ISSB proposals and disclosures.

[26:40] Proposed timelines for compliance dates and challenges that will hinder meeting them.

Mentioned:

BDO Andrew Buchanan Christopher Tower

Additional Insights:

SUSTAINABILITY REPORTING: 10 Questions boards should know the answers to Q1 2022 Sustainability Reporting Update