Meta tags:
description=Explore top posts from LinkedIn members about public company reporting requirements. Discover real-world examples and practical insights from experienced professionals.;

Headings (most frequently used words):

public, company, reporting, requirements, more, linkedin, respects, your, privacy, in, finance, topics, explore, categories,

Text of the page (most frequently used words):
the (151), and (104), for (45), more (41), reporting (40), that (34), this (33), sustainability (27), you (25), are (23), #requirements (22), how (21), content (19), linkedin (18), like (18), companies (16), with (16), your (16), report (15), they (15), business (14), data (14), not (14), can (14), document (13), reports (13), financial (12), finance (12), comments (12), from (12), all (12), some (12), use (11), these (11), post (11), industry (11), what (11), show (10), corporate (10), risk (10), disclosure (10), facebook (10), copy (10), share (10), comment (10), will (10), followers (10), but (10), firms (10), governance (9), must (9), top (9), information (9), about (8), chain (8), esg (8), non (8), company (8), commission (8), one (8), also (8), have (8), value (8), sector (8), their (8), vendor (8), management (7), ifrs (7), was (7), any (7), being (7), help (7), our (7), next (7), previous (7), need (7), into (7), system (7), studies (7), challenges (7), functional (7), soc (7), compliance (6), impacts (6), topics (6), public (6), performance (6), new (6), used (6), make (6), disclosures (6), specific (6), here (6), should (6), which (6), clear (6), csrd (6), instead (6), esrs (6), results (6), community (5), policy (5), planning (5), change (5), income (5), under (5), key (5), cases (5), changes (5), statement (5), own (5), useful (5), than (5), them (5), where (5), becomes (5), understanding (5), out (5), implementation (5), even (5), know (5), green (5), time (5), less (4), work (4), supply (4), project (4), climate (4), insights (4), transparency (4), declaration (4), claims (4), good (4), say (4), note (4), documents (4), state (4), evidence (4), exist (4), knowledge (4), best (4), things (4), get (4), has (4), frameworks (4), within (4), impact (4), decisions (4), different (4), material (4), ipo (4), section (4), see (4), same (4), without (4), actual (4), while (4), still (4), only (4), already (4), just (4), many (4), frank (4), bold (4), efrag (4), pwc (4), level (4), https (4), lnkd (4), last (4), months (4), guidelines (3), user (3), design (3), strategy (3), healthcare (3), experience (3), categories (3), regulatory (3), practices (3), standards (3), obligations (3), assurance (3), measures (3), required (3), through (3), three (3), requirement (3), whether (3), check (3), details (3), correct (3), sure (3), sources (3), well (3), others (3), want (3), view (3), now (3), operating (3), investor (3), materiality (3), together (3), world (3), issue (3), biodiversity (3), sense (3), common (3), focus (3), each (3), important (3), internal (3), operations (3), teams (3), made (3), inside (3), strategic (3), research (3), look (3), prospectus (3), filed (3), sebi (3), give (3), solar (3), detailed (3), search (3), cfa (3), 100 (3), doesn (3), assessments (3), iros (3), topic (3), auditors (3), assess (3), way (3), speaker (3), profit (3), told (3), early (3), point (3), four (3), managers (3), directly (3), findings (3), brings (3), areas (3), position (3), 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 (3), high (3), needs (3), 𝗞𝗲𝘆 (3), 𝗘𝗹𝗲𝗺𝗲𝗻𝘁𝘀 (3), features (3), may (3), whole (3), big (3), incident (3), between (3), csddd (3), carlin (3), essential (3), language (2), chinese (2), tagalog (2), bahasa (2), english (2), cookie (2), privacy (2), 2026 (2), organizational (2), career (2), communication (2), social (2), workplace (2), intelligence (2), real (2), estate (2), leadership (2), technology (2), explore (2), improving (2), strategies (2), investing (2), processes (2), auditing (2), overview (2), assessment (2), resources (2), statements (2), process (2), regulators (2), services (2), gaap (2), complex (2), adoption (2), individual (2), matters (2), includes (2), right (2), direction (2), genai (2), guidance (2), fundamental (2), necessary (2), relevant (2), case (2), facts (2), referred (2), support (2), legal (2), come (2), include (2), based (2), reflects (2), words (2), true (2), declare (2), could (2), think (2), developments (2), getting (2), once (2), broken (2), improve (2), its (2), please (2), newsletter (2), managing (2), director (2), sean (2), melbourne (2), influencer (2), c2pa (2), beyond (2), organisations (2), architecture (2), exposure (2), increasingly (2), transition (2), capital (2), resilience (2), gap (2), quality (2), tcfd (2), enterprise (2), gri (2), sasb (2), issues (2), cdp (2), structured (2), collection (2), comparability (2), something (2), competing (2), actually (2), advisory (2), website (2), comprehensive (2), segments (2), very (2), place (2), page (2), example (2), track (2), deeper (2), called (2), draft (2), upskilling (2), peeyush (2), chitlangia (2), 000 (2), professionals (2), after (2), practitioners (2), thing (2), box (2), why (2), were (2), completely (2), vague (2), buried (2), feels (2), hard (2), down (2), standard (2), deep (2), documentation (2), then (2), missing (2), providing (2), disconnect (2), did (2), biggest (2), spent (2), explaining (2), skip (2), positive (2), though (2), entity (2), defined (2), structure (2), over (2), wrong (2), join (2), leaders (2), founder (2), 2024 (2), present (2), aligning (2), global (2), 1️⃣ (2), financing (2), taxes (2), 2️⃣ (2), mandatory (2), subtotals (2), loss (2), before (2), 3️⃣ (2), update (2), opportunity (2), confidence (2), terms (2), approach (2), lack (2), gaps (2), challenge (2), due (2), scope (2), 140 (2), 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁 (2), 𝗕𝗥𝗗 (2), brd (2), objectives (2), stakeholder (2), focuses (2), rules (2), constraints (2), 𝗙𝗥𝗗 (2), frd (2), interactions (2), workflows (2), 𝗦𝗥𝗦 (2), srs (2), security (2), 𝗮𝗻𝗱 (2), let (2), product (2), twelve (2), off (2), every (2), ciso (2), full (2), clean (2), none (2), grc (2), admit (2), technical (2), systems (2), years (2), stop (2), test (2), executive (2), vulnerability (2), ten (2), framework (2), major (2), publicly (2), drop (2), add (2), people (2), pain (2), turn (2), opportunities (2), leaked (2), omnibus (2), proposal (2), simplification (2), competitiveness (2), directive (2), employees (2), previously (2), david (2), reject (2), accept (2), cookies (2), ads (2), 正體中文, traditional, 简体中文, simplified, tiếng, việt, vietnamese, українська, ukrainian, türkçe, turkish, ภาษาไทย, thai, తెలుగు, telugu, svenska, swedish, русский, russian, română, romanian, português, portuguese, polski, polish, ਪੰਜਾਬੀ, punjabi, norsk, norwegian, nederlands, dutch, malaysia, malay, मराठी, marathi, 한국어, korean, 日本語, japanese, עברית, hebrew, italiano, italian, indonesia, indonesian, magyar, hungarian, हिंदी, hindi, français, french, suomi, finnish, فارسی, persian, español, spanish, ελληνικά, greek, deutsch, german, dansk, danish, čeština, czech, বাংলা, bangla, العربية, arabic, guest, controls, brand, copyright, agreement, accessibility, training, development, event, innovation, culture, engineering, negotiation, responsibility, networking, fundraising, trends, employee, artificial, economics, writing, consulting, future, science, retail, merchandising, sales, marketing, customer, recruitment, ecommerce, education, soft, skills, emotional, productivity, hospitality, tourism, health, tips, preparing, audit, basics, literacy, sustainable, optimizing, retirement, investment, portfolios, wealth, preservation, tactics, tax, achieving, independence, analyzing, startups, businesses, factor, norms, resource, mining, ipos, regulations, defense, gain, market, validation, clfs, expanded, pbm, ratings, provider, oversight, mineral, str, cleaning, outdated, government, briefing, entities, measure, environmental, manage, 143, october, forms, lodged, rights, fair, unfair, dismissal, general, protections, anti, bullying, sexual, harassment, taking, channel, generative, limit, amount, slop, coursing, yesterday, issued, done, checking, references, legislation, textbooks, articles, positions, extracts, quotes, lawyers, paid, agents, human, advisors, union, officials, hyperlinks, recommended, self, represented, litigants, witness, states, result, weight, given, cost, orders, dismissed, thoughtful, considered, feeling, control, bit, taming, wild, brumby, start, become, tool, rather, overwhelm, repost, would, ___________________________, receive, updates, inbox, subscribe, free, email, clicking, 1mo, 790, australian, law, specialist, voice, 055, matured, standalone, practice, interconnected, broader, societal, shift, because, most, happen, silos, plan, affects, allocation, dependency, question, judged, volume, produced, helps, investors, lenders, stakeholders, better, begin, collectively, established, around, related, pushed, further, domain, broadened, lens, toward, economy, environment, society, sharpened, financially, helped, operationalise, serves, purpose, form, exercise, long, term, creation, navigating, usually, treating, checklists, building, coherence, across, reflect, tends, credible, ultimately, climaterisk, sustainablefinance, corporatereporting, 5mo, 623, consultants, sdn, bhd, hassan, ammar, 221, ways, importantly, sub, operates, quick, collates, various, gives, concise, auto, drhp, hyundai, motors, looking, drhps, vikram, waaree, energies, subsegments, parameters, terminology, menu, heading, filings, available, click, offer, keywords, find, listed, names, try, build, reach, investmentbanking, valuation, 177, 652, master, markets, trained, iim, calcutta, morgan, avendus, icici, pru, sbi, trust, programs, 692, reviewing, several, discussing, reality, always, match, expectations, points, highlighted, black, expected, methodologies, thresholds, explanations, don, justify, certain, omitted, identified, priorities, explanation, inconsistent, text, figuring, needle, haystack, beautifully, worded, paragraphs, pin, disclosing, there, little, assessed, tie, link, pushing, letting, slide, felt, heavy, pressure, strict, demands, critical, huge, surprises, pages, makes, misinterpreted, reported, mitigating, negative, clearly, says, past, unclear, barely, touch, requires, occurs, upstream, downstream, who, actors, etc, move, loophole, introduced, using, however, avoid, shifting, custom, labels, skipped, subtopics, nearly, identical, label, standardized, tagging, organized, mess, burying, comparing, struggle, been, criticized, focusing, negatives, figure, looks, 822, mastering, tedx, palau, chief, officer, maria, tymtsias, 656, era, international, accounting, board, iasb, released, presentation, april, reshaping, organizations, communicate, greater, clarity, alter, measured, transforms, standardizing, expenses, classified, five, discontinued, mpms, figures, adjusted, ebitda, disclosed, transparently, reconciled, explained, detail, 4️⃣, aggregation, disaggregation, raises, bar, items, grouped, presented, ensuring, lost, fine, print, 5️⃣, effective, date, applicable, periods, beginning, january, 2027, restated, comparatives, permitted, isn, enhance, strengthen, align, 11mo, 787, auditor, acca, candidate, reem, siddiq, 873, towards, comes, conducted, 400, 547, differ, aims, methods, cannot, compared, double, shows, adopt, thorough, analytical, dma, instance, similar, showing, specify, types, yet, part, existing, reveal, significant, likewise, expressed, lowest, meeting, organisational, approached, cross, effort, reaches, unit, study, summarised, those, likely, mostly, larger, ones, file, 2025, dpsm_ux6, d3jy8bf5, dqfnjfw7, tqkbtv, 016, professor, associate, dean, copenhagen, school, focused, andreas, rasche, 402, 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀, captures, perspective, undertaken, assumptions, 𝗙𝘂𝗻𝗰𝘁𝗶𝗼𝗻𝗮𝗹, translates, describe, behave, fulfill, descriptions, stories, screens, wireframes, flow, diagrams, 𝗦𝗼𝗳𝘁𝘄𝗮𝗿𝗲, 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻, both, complete, specification, software, often, developers, testers, capabilities, scalability, models, interfaces, api, external, serve, purposes, contribute, 𝗰𝗹𝗲𝗮𝗿, 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱, 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀, 𝗔𝗴𝗶𝗹𝗲, 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝘀, replaced, 𝗣𝗿𝗼𝗱𝘂𝗰𝘁, 𝗕𝗮𝗰𝗸𝗹𝗼𝗴𝘀, 𝗨𝘀𝗲𝗿, 𝗦𝘁𝗼𝗿𝗶𝗲𝘀, 𝗘𝗽𝗶𝗰𝘀, 𝗪𝗮𝘁𝗲𝗿𝗳𝗮𝗹𝗹, 𝗵𝘆𝗯𝗿𝗶𝗱, 𝗺𝗼𝗱𝗲𝗹𝘀, widely, projects, discuss, softwaredevelopment, requirementsengineering, iiba, businessanalysis, 069, lead, analyst, owner, manufacturing, thinking, tousif, hujare, 252, 293, reviewed, killed, single, passed, changed, decision, drawer, too, comfortable, ritual, knows, openly, call, scam, depth, automation, vendors, issuing, week, embarrassed, played, along, requested, skimmed, opinion, letter, checked, moved, wiser, runs, nobody, wants, first, theatre, asked, recently, response, patching, cadence, revoke, access, leavers, contact, paused, said, team, offered, send, everything, needed, intended, cisos, requesting, accepting, started, asking, penetration, summary, metrics, mean, remediate, walkthrough, broke, fixed, minutes, costs, nothing, tells, fifty, stacked, other, designed, anymore, running, agentic, making, autonomous, saas, platforms, deploying, thousands, daily, chains, hasn, kept, pace, never, going, patch, whose, assumes, sits, audits, prediction, eighteen, replace, continuous, pen, live, history, moment, buyer, does, rest, follow, quarter, cto, spoke, described, death, screenshot, wasn, compliant, heard, ask, ignoring, saying, soc2, vendorrisk, cybersecurity, aigovernance, aisecurity, 7mo, 727, chris, matthews, 142, 911, interviewed, 1st, 2nd, confuse, operational, excessive, greenwashing, selective, observations, secrets, clarify, vision, identify, spoilers, engage, burden, invitation, deadlines, celebration, moments, understand, entire, ping, write, script, zerowaste, circulareconomy, 135, 046, circular, economist, activist, guide, circularity, initiator, harald, friedl, 156, analysis, planetary, price, europe, combine, certainly, coming, landscape, european, suggests, rollbacks, diligence, taxonomy, regulation, navigate, put, comparison, table, highlights, proposed, 𝗖𝗦𝗥𝗗, 𝘁𝗵𝗿𝗲𝘀𝗵𝗼𝗹𝗱, 𝗿𝗮𝗶𝘀𝗲𝗱, 450m, turnover, comply, 250, 40m, scopes, covered, 𝗦𝗲𝗰𝘁𝗼𝗿, 𝘀𝗽𝗲𝗰𝗶𝗳𝗶𝗰, 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝘀, 𝘀𝗰𝗿𝗮𝗽𝗽𝗲𝗱, permanently, shelved, 𝗗𝘂𝗲, 𝗱𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲, 𝘄𝗲𝗮𝗸𝗲𝗻𝗲𝗱, direct, suppliers, 𝗖𝗶𝘃𝗶𝗹, 𝗹𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆, 𝗿𝗲𝗺𝗼𝘃𝗲𝗱, won, face, consequences, failing, meet, 𝗧𝗮𝘅𝗼𝗻𝗼𝗺𝘆, 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴, 𝗺𝗮𝘆, 𝘃𝗼𝗹𝘂𝗻𝘁𝗮𝗿𝘆, mentioned, leak, opt, lobbying, efforts, wondering, plain, deregulation, addition, effects, watered, deal, bloc, invested, balance, reduce, red, tape, protect, planet, thoughts, below, corporateresponsibility, esgregulation, sustainabilityreporting, 188, 931, former, head, unep, keynote, empowering, execs, digital, expert, sign, games, jobs, learning, main, select, consent, decline, choices, settings, 3rd, parties, provide, secure, analyze, including, learn, professional, job, respects,

Text of the page (random words):
table let us know if it s useful here are some highlights of what s being proposed 𝗖𝗦𝗥𝗗 𝘁𝗵𝗿𝗲𝘀𝗵𝗼𝗹𝗱 𝗿𝗮𝗶𝘀𝗲𝗱 only companies with 1 000 employees and 450m turnover may need to comply previously 250 employees 40m this scopes out 85 of firms previously covered 𝗦𝗲𝗰𝘁𝗼𝗿 𝘀𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝘀 𝘀𝗰𝗿𝗮𝗽𝗽𝗲𝗱 industry specific esg reporting rules may be permanently shelved 𝗗𝘂𝗲 𝗱𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝘄𝗲𝗮𝗸𝗲𝗻𝗲𝗱 companies only need to assess direct suppliers not the full supply chain 𝗖𝗶𝘃𝗶𝗹 𝗹𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗿𝗲𝗺𝗼𝘃𝗲𝗱 under csddd firms won t face legal consequences for failing to meet sustainability obligations 𝗧𝗮𝘅𝗼𝗻𝗼𝗺𝘆 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗺𝗮𝘆 𝗴𝗼 𝘃𝗼𝗹𝘂𝗻𝘁𝗮𝗿𝘆 not directly mentioned in the leak instead of mandatory reporting firms could opt in aligning with corporate lobbying efforts ️ i am wondering about if this is simplification or just plain deregulation in addition what will the effects be of a watered down eu green deal for the bloc s sustainability leadership and for firms that have already invested in reporting how do you see the balance between competitiveness and sustainability can we reduce red tape and still protect the planet drop your thoughts below csrd csddd eu sustainability esg sustainabilityreporting esgregulation climate finance corporateresponsibility more no more previous content no more next content 3 156 140 comments like comment share copy linkedin facebook x harald friedl circular economist activist executive guide speaker circularity gap report co initiator 135 046 followers 1y report this post i interviewed 20 sustainability managers ️ that s their 1 pain point ️ reporting is 1st impact is 2nd challenges that i can see with sustainability in companies competing frameworks confuse data collection becomes more important than actual impact disconnect between reporting teams and operational teams excessive time spent on documentation risk of greenwashing through selective reporting i am sure you have your observations to add 5 secrets to turn this into the biggest opportunity for change use reporting to clarify sustainability vision 100 identify in company spoilers and engage them change sustainability reporting from a burden for all to an invitation to do good for each individual turn deadlines into celebration moments for internal change use data requirements as opportunities to understand the entire value chain and opportunities for change you know the pain ping me to re write the script on your sustainability reporting ️ circulareconomy zerowaste sustainability more no more previous content no more next content 3 911 142 comments like comment share copy linkedin facebook x chris matthews 10 727 followers 7mo report this post i ve reviewed over 50 soc 2 reports in the last twelve months and i think it s time we killed the whole thing off every single one of them passed and not one changed a decision i made about a vendor every ciso i know has a drawer full of these things all clean none useful and all of us too comfortable with the ritual to challenge it the grc community already knows this by the way practitioners openly call it a scam report auditors admit the big 4 lack the technical depth to assess complex systems compliance automation vendors are issuing clean reports in under a week and i m embarrassed to say i ve played along for years requested the report skimmed the opinion letter checked the box moved on none the wiser the whole vendor risk management industry runs on this nobody wants to be the first to admit it s theatre i asked a vendor recently about their incident response their patching cadence and how they revoke access for leavers the security contact paused said he d need to check with the compliance team and then offered to send me their soc 2 report instead which told me everything i needed to know just not in the way he intended cisos should stop requesting these they should stop accepting them i ve started asking for three things instead last penetration test results not the executive summary the findings vulnerability management metrics and mean time to remediate and a walkthrough of a specific incident from the last twelve months what broke and what they fixed ten minutes costs the vendor nothing tells me more than fifty soc 2 reports stacked on top of each other the framework was designed for a world that doesn t exist anymore we re running agentic ai systems making autonomous decisions saas platforms deploying thousands of changes daily and supply chains so deep that your vendor s vendor s vendor is the actual risk soc 2 hasn t kept pace with any of it it was never going to you can t patch a framework whose fundamental design assumes the world sits still between audits my prediction within eighteen months a major enterprise will publicly drop soc 2 from their vendor requirements and replace it with continuous technical evidence pen test results live vulnerability data actual incident history and the moment one big buyer does it the rest will follow inside a quarter one cto i spoke to described the whole process as death by screenshot he wasn t wrong he was also i should add completely soc 2 compliant at the time more people have told me soc 2 is broken in my comments section in the last three months than i ve heard about in the ten years before that so i ll ask directly how many of you are already ignoring these reports and just not saying so publicly aisecurity aigovernance cybersecurity ciso grc vendorrisk soc2 more 1 293 252 comments like comment share copy linkedin facebook x tousif hujare lead business analyst product owner us healthcare manufacturing product thinking 6 069 followers 1y report this post 𝟭 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗕𝗥𝗗 a brd captures high level business needs and objectives from a stakeholder s perspective it focuses on why a project is being undertaken and what value it brings to the business 𝗞𝗲𝘆 𝗘𝗹𝗲𝗺𝗲𝗻𝘁𝘀 business objectives stakeholder needs high level business requirements scope of the project business rules assumptions and constraints 𝟮 𝗙𝘂𝗻𝗰𝘁𝗶𝗼𝗻𝗮𝗹 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗙𝗥𝗗 an frd translates high level business needs into detailed functional requirements that describe how a system should behave it focuses on system interactions workflows and features that will fulfill business requirements 𝗞𝗲𝘆 𝗘𝗹𝗲𝗺𝗲𝗻𝘁𝘀 functional requirements detailed descriptions of features system workflows use cases and user stories ui ux requirements screens wireframes data flow diagrams 𝟯 𝗦𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗦𝗥𝗦 an srs is a comprehensive document that includes both functional and non functional requirements providing a complete specification of how the software should work it is often used by developers and testers for system implementation 𝗞𝗲𝘆 𝗘𝗹𝗲𝗺𝗲𝗻𝘁𝘀 functional requirements features capabilities non functional requirements performance security scalability system architecture design constraints data models interfaces api external system interactions while the 𝗕𝗥𝗗 𝗙𝗥𝗗 and 𝗦𝗥𝗦 serve different purposes they all contribute to 𝗰𝗹𝗲𝗮𝗿 𝗮𝗻𝗱 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 in 𝗔𝗴𝗶𝗹𝗲 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝘀 these documents may be replaced with 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗕𝗮𝗰𝗸𝗹𝗼𝗴𝘀 𝗨𝘀𝗲𝗿 𝗦𝘁𝗼𝗿𝗶𝗲𝘀 𝗮𝗻𝗱 𝗘𝗽𝗶𝗰𝘀 but in 𝗪𝗮𝘁𝗲𝗿𝗳𝗮𝗹𝗹 𝗼𝗿 𝗵𝘆𝗯𝗿𝗶𝗱 𝗺𝗼𝗱𝗲𝗹𝘀 they are still widely used which of these documents do you use in your projects let s discuss in the comments businessanalysis iiba brd frd srs requirementsengineering softwaredevelopment more no more previous content no more next content 2 402 140 comments like comment share copy linkedin facebook x andreas rasche professor and associate dean at copenhagen business school i focused on esg and corporate sustainability 76 016 followers 1y report this post studies on early csrd esrs implementation point towards many challenges here comes an overview of key insights from four studies conducted in 2024 studies include efrag n 28 firms frank bold n 100 firms position green n 400 firms and pwc n 547 managers these studies differ in terms of aims and methods so results cannot be compared directly but the findings show some common challenges 1️⃣ double materiality the efrag data shows that firms adopt a thorough and analytical dma approach but it is also this very approach that brings challenges for instance the lack of specific data frank bold s results point in a similar direction showing that many firms do not specify what types of impacts they have within their material topics 2️⃣ reporting gaps disclosures for new topic areas is a challenge i e areas not yet part of existing reporting the studies by position green and frank bold reveal significant gaps in terms of biodiversity reporting likewise pwc s findings show that biodiversity was the topic for which managers expressed the lowest level of confidence for meeting reporting requirements 3️⃣ organisational challenges the results by pwc show that csrd implementation is approached as a cross functional effort that reaches beyond the sustainability unit but this brings new organizational challenges which the efrag study summarised as being about the need for clear governance and upskilling these early results give good insights into those areas where implementation challenges likely exist many more details in the four studies note due to the csrd s scope the four studies focus mostly on larger companies as these are the ones that need to file reports in 2025 frank bold https lnkd in d tqkbtv pwc https lnkd in dqfnjfw7 position green https lnkd in d3jy8bf5 efrag https lnkd in dpsm_ux6 sustainability esg more no more previous content no more next content 873 46 comments like comment share copy linkedin facebook x reem siddiq internal auditor acca candidate 3 787 followers 11mo report this post ifrs 18 a new era for financial reporting the international accounting standards board iasb has released ifrs 18 presentation and disclosure in financial statements april 2024 reshaping how organizations present and communicate their financial performance the focus is clear greater clarity comparability and transparency while the standard doesn t alter how profit is measured it transforms how it s told standardizing structure improving disclosure and aligning global reporting practices key developments to note 1️⃣ structured income statement all income and expenses must be classified into five categories operating investing financing income taxes and discontinued operations 2️⃣ new mandatory subtotals companies must now present operating profit or loss and profit or loss before financing and income taxes 3️⃣ management defined performance measures mpms non gaap figures like adjusted ebitda must be disclosed transparently reconciled to ifrs subtotals and explained in detail 4️⃣ aggregation disaggregation ifrs 18 raises the bar for how items are grouped and presented ensuring material information is clear and not lost in the fine print 5️⃣ effective date applicable for periods beginning on or after 1 january 2027 with restated comparatives and early adoption permitted this isn t just a compliance update it s a strategic opportunity for finance leaders to enhance reporting quality strengthen investor confidence and align performance communication with global best practices more no more previous content no more next content 1 656 21 comments like comment share copy linkedin facebook x maria tymtsias mastering ai for sustainability leaders tedx speaker co founder at palau chief sustainability community officer 25 822 followers 1y report this post after reviewing several reports and discussing them with practitioners inside the community one thing is clear the reality of csrd implementation doesn t always match our expectations here are some of the points highlighted materiality assessments a black box we expected clear methodologies thresholds and explanations instead some reports don t justify why certain topics were omitted and even companies in the same industry identified completely different priorities without any explanation iros vague inconsistent and buried in text in some reports figuring out what the actual impact is feels like for a needle in a haystack instead of a clear statement iros are buried in beautifully worded paragraphs that make it hard to pin down what the company is actually disclosing there s little transparency on how iros were assessed how they tie to the value chain or which esrs standard and topic they link to auditors pushing hard or letting things slide companies felt heavy pressure from auditors with strict requirements and deep documentation demands but then we see reports missing critical disclosures or providing vague assessments while still getting assurance a huge disconnect governance where did it go one of the biggest surprises was that some companies spent pages explaining how important governance is only to declare it not material and skip the disclosures makes no sense positive impacts misinterpreted some companies reported mitigating negative impacts as positive impacts even though esrs clearly says they re not the same how did this get past assurance value chain assessments missing or unclear some reports barely touch on value chain assessment even though esrs requires it companies state whether an issue occurs upstream in operations or downstream but without explaining how they assess it who are value chain actors etc entity specific topics strategic move or a loophole some companies introduced entity specific topics instead of using esrs categories in some cases it made sense however in others it feels like a way to avoid reporting on required topics by shifting disclosures into custom labels some even skipped esrs defined subtopics while reporting on something nearly identical under their own label no common structure without standardized tagging reports are all over the place some are well organized others are a mess burying key details even within the same industry comparing reports is a struggle i ve already been criticized for focusing only on the negatives but without understanding what s wrong we can t figure out what right looks like want to know more join our esg community for deeper insights more no more previous content no more next content 692 57 comments like comment share copy linkedin facebook x peeyush chitlangia cfa i help you master capital markets finance 100 000 professionals trained iim calcutta cfa jp morgan avendus icici pru mf sbi mf 20 top firms trust our programs 177 652 followers 1y report this post one of the best ways to get data for industry research is to look at ipo prospectus of companies here is how you can do it ipo prospectus filed by companies on the sebi website give a comprehensive information about the company s business but more importantly they have a section on the industry segments and sub segments the company operates in and this is a very good place to get a quick understanding on the sector this 20 30 page section collates data from various industry sources and gives a concise information about the sector how can you use this information for example if i want to research on the auto sector i can look ...