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
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataClimate Disclosure Standards Board