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July 19, 2013

IIRC, CDP and CDSB sign MoU

The International Integrated Reporting Council (IIRC), the CDP (formerly known as the Carbon Disclosure Project) and the Climate Disclosure Standards Board have signed a Memorandum of Understanding (MoU).

In a statement the signing parties said the MoU said aims at deepening their cooperation as carbon reporting "is integral to integrated reporting (<IR>) and a key pillar on which <IR> is based."

IIRC chief executive Paul Druckman said <IR> does not intend "to supplant other non-financial disclosures, but to utilise these disclosures, through the application of the principles of <IR>."

CDP chief executive Paul Simpson said the MoU is a "natural step" for both organisations "as we work to catalyse the adoption of this data into mainstream filings."

Related link

International Integrated Reporting Council

CDP

Climate Disclosure Standards Board

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