Reporting standards and frameworks

The TNFD Disclosure Recommendations provide companies and financial institutions of all sizes with a risk management and disclosure framework to identify, assess, manage and, where appropriate, disclose nature-related issues.

Use this resource for the following Actions of Impact Management:

• Communicate: Ensure consistency of language, structure and approach with both the Task Force on Climate- related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB), to enable integrated climate- and nature-related reporting.

IFRS S2 is a disclosure standard for entities to communicate information about their climate-related risks and opportunities that could reasonably be expected to affect the entity’s cash flows, access to finance, or cost of capital over the short-, medium- or long-term.

Use this resource for the following Actions of Impact Management:

• Communicate: Disclose information related to: a) the governance processes, controls and procedures that the entity uses to monitor, manage and oversee climate-related risks and opportunities; b) the strategy for managing climate-related risks and opportunities; c) the processes used to identify, assess, prioritise and monitor climate-related risks and opportunities (including whether and how those processes are integrated into and inform overall risk management process); and d) performance in relation to its climate-related risks and opportunities, including progress towards any climate-related targets it has set, and any targets it is required to meet by law or regulation.

IFRS S1 is a disclosure standard for entities to communicate information on its sustainability-related risks and opportunities, which is useful to users of general purpose financial reports in making decisions relating to providing resources to the entity.

Use this resource for the following Actions of Impact Management:

• Communicate: Disclose information on all sustainability-related risks and opportunities, setting out how an entity prepares and reports its sustainability-related financial disclosures. The standard sets out general requirements for the content and presentation of those disclosures (in particular, on governance processes, strategy, identification and assessment of sustainability-related risks and opportunities, and progress towards targets).

The Positive Impact (PI) Model Frameworks provide guidance on integrating holistic impact analysis into business processes and decision-making, spanning different business lines and asset types. They can be used by financial institutions and other third parties, such as auditors. The Model Framework covers financial products for corporates where the funds raised or guarantees issued are used at the corporate’s discretion, without any specified use.

Use this resource for the following Actions of Impact Management:

• Implement: Deliver positive impact financial products. The PI Model Frameworks enables financial institutions and intermediaries to develop appropriate framework (or adapt existing frameworks) to inform decision-making (i.e. on financing /investments), support PI financial product development, to continually analyse and monitor portfolios; and verify and/or provide opinions on the PI nature of financial products.

The Model Frameworks provide guidance on integrating holistic impact analysis into business processes and decision-making, spanning different business lines and asset types. They can be used by financial institutions, as well as by third parties such as auditors. This Model Framework covers Financial Products where the funds raised or guarantees issued are used for a specific purpose, in this case Project-related finance within the scope of the Equator Principles.

Use this resource to:

• Deliver positive impact financial products. The PI Model Frameworks enables financial institutions or intermediaries to develop appropriate frameworks or adapt their existing frameworks to serve a number of purposes: for decision-making (i.e. on financing /investments); for the development of PI financial products, or for on-going analysis/monitoring of portfolios; and
  
• Verify and/or provide opinions on the PI nature of financial products.

The environmental, health, and safety (EHS) guidelines are technical reference documents with general and industry-specific examples of good international industry practice (GIIP).

Use this resource to:

• Identify: Understand the performance levels and measures that are generally considered to be achievable in new facilities by existing technology at reasonable costs.

Country-level data and insights about SDG-enabling investment opportunities. This work focuses on the gap between interest in investing in SDGs and the business models that could provide investable opportunities.

Use this resource to:

• Identify: Identify investment themes in emerging markets which have significant potential to advance the SDGs that are aligned to government policies and sustainable national development needs.

This paper provides a common framework for financial institutions – and particularly development finance institutions – on how to carry out due diligence to identify, respond to, and publicly communicate on environmental and social risks associated with projects and assets they finance.

Use this resource for the following Actions of Impact Management:

• Implement: Obtain practical recommendations to financial institutions on key aspects of the Responsible Business Conduct due diligence process, including stakeholder engagement, client confidentiality management and remediation processes.

The conceptual framework supports organisations to measure their non-financial performance through the lens of the OECD Well-being Framework. It encourages national statistical offices (NSOs) to further develop and harmonise statistics on stakeholder well-being and sustainability.

Use this resource for the following Actions of Impact Management:

• Measure, assess and value: Measure the well-being of stakeholders that operate within the operational boundaries of the organiastion, using the measurement framework and indicator set developed by the OECD.

The Indicator Library builds on the Impact Radar and the Sector-Impact Map to provide a compilation of impact-related indicators and metrics.

Use this resource to:

• Measure, assess and value: To find relevant indicators and metrics for impact measurement and assessment