{"id":61766,"date":"2025-10-22T05:07:00","date_gmt":"2025-10-22T09:07:00","guid":{"rendered":"https:\/\/allianceadvisors.com\/?p=61766"},"modified":"2026-06-11T09:12:53","modified_gmt":"2026-06-11T13:12:53","slug":"the-new-era-of-sustainability-reporting-global-shifts-practical-lessons-and-strategic-opportunities","status":"publish","type":"post","link":"https:\/\/allianceadvisors.com\/ja\/the-new-era-of-sustainability-reporting-global-shifts-practical-lessons-and-strategic-opportunities\/","title":{"rendered":"The new era of sustainability reporting: global shifts, practical lessons and strategic opportunities"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row css_animation=&rdquo;fadeIn&rdquo; content_placement=&rdquo;bottom&rdquo; column_spacing=&rdquo;0px&rdquo; wpex_bg_image_source=&rdquo;featured&rdquo; css=&rdquo;.vc_custom_1740765101116{background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&rdquo; min_height=&rdquo;450px&rdquo;][vc_column wpex_bg_image_source=&rdquo;featured&rdquo; css=&rdquo;.vc_custom_1738695614909{background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&rdquo; wpex_bg_position=&rdquo;center center&rdquo;]<div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:300px;\"><\/div><style>.vcex-heading.vcex_6a3b84312a35e{width:600px;color:var(--wpex-accent);font-size:var(--wpex-text-5xl);font-weight:600;line-height:var(--wpex-leading-tight);}@media (max-width:479px){.vcex-heading.vcex_6a3b84312a35e{font-size:30px;}}<\/style><h1 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-max-w-100 wpex-mr-auto vc_custom_1781183558581 vcex_6a3b84312a35e\"><span class=\"vcex-heading-inner wpex-inline-block\">The new era of sustainability reporting: global shifts, practical lessons and strategic opportunities<\/span><\/h1><style>.vcex-heading.vcex_6a3b84312aca3{width:600px;color:var(--wpex-accent);font-size:var(--wpex-text-lg);font-weight:600;line-height:var(--wpex-leading-tight);}@media (max-width:479px){.vcex-heading.vcex_6a3b84312aca3{font-size:16px;}}<\/style><h3 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-max-w-100 wpex-mr-auto vc_custom_1740761328938 vcex_6a3b84312aca3\"><a href=\"https:\/\/allianceadvisors.com\/staff-member\/emmanuelle-palikuca\/\" class=\"wpex-no-underline wpex-inherit-color-important\"><span class=\"vcex-heading-inner wpex-inline-block\"><span class=\"vcex-heading-icon vcex-heading-icon-left vcex-icon-wrap wpex-mr-5\">By<\/span>Emmanuelle Palikuca<\/span><\/a><\/h3><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:50px;\"><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&rdquo;&rdquo;]\n<h3>Global sustainability reporting has hit a great reset<\/h3>\n<div>\n<p>Sustainability reporting&nbsp;is entering a new era. Regulatory shifts, evolving standards and rising stakeholder expectations are reshaping the landscape, creating both challenges and opportunities for organizations worldwide.<\/p>\n<p>Demand for consistent, comparable and decision-useful information continues to push voluntary standards toward harmonization, while jurisdictions move closer to mandatory frameworks. The result: a reporting environment that is more complex, but also more transparent, globally aligned and investor-focused.<\/p>\n<p><strong>Global snapshot<\/strong><\/p>\n<ul>\n<li><strong>US:<\/strong>&nbsp;While the SEC&rsquo;s climate disclosure rule is paused, states are moving ahead. California&rsquo;s SB 253 and SB 261 require Scope 1, 2, and (eventually) 3 GHG reporting plus climate risk disclosures beginning in 2026. New York, New Jersey, Illinois, Washington and Colorado are following suit with active or pending legislation.<\/li>\n<li><strong>Canada:<\/strong>&nbsp;The Canadian Securities Administrators have delayed mandatory climate disclosure rules in 2025, but the Canadian Sustainability Standards Board (CSSB) has released voluntary standards with expectation of future mandatory adoption.<\/li>\n<li><strong>EU:<\/strong>&nbsp;The Omnibus package is refining the CSRD, reducing scope, extending timelines and adjusting requirements. &lsquo;Wave 1&rsquo; filers have already published first reports in 2025, providing lessons for subsequent reporters.<\/li>\n<li><strong>New Zealand:<\/strong>&nbsp;First mandatory climate disclosure reports published in 2024, with further refinements under consultation.<\/li>\n<li><strong>Australia:<\/strong>&nbsp;AASB S2 climate disclosure standard effective 2026, ISSB-aligned.<\/li>\n<li><strong>Hong Kong:<\/strong>&nbsp;IFRS S2 climate disclosure required beginning 2026.<\/li>\n<li><strong>Mexico:<\/strong>&nbsp;ISSB-based standards and GHG reporting for large entities effective 2025.<\/li>\n<li><strong>Other Jurisdictions:<\/strong>&nbsp;Japan, Singapore, South Korea the UK, and others continue to advance mandatory ESG and climate-related reporting rules, rapidly aligning with ISSB-driven global disclosure standards.<\/li>\n<\/ul>\n<p><strong>Practical takeaways&nbsp;<\/strong><\/p>\n<p>Use the current &lsquo;pause&rsquo; to prepare and plan. The emergence of ISSB-aligned standards is a clear sign that mandatory requirements are forthcoming, so ensuring readiness for regulations is key. Prioritize double materiality assessments and active <a class=\"glossaryLink cmtt_ESG Advisory\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Stakeholder Engagement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt; The process of interacting with and soliciting input from stakeholders, including investors,...&lt;\/div&gt;&lt;div id=&amp;quot;cmtt_related_articles&amp;quot; class=&amp;quot;cmtt_related_articles_wrapper&amp;quot;&gt;&lt;div class=&amp;quot;cmtt_related_title cmtt_related_articles_title&amp;quot;&gt;Related Articles: &lt;\/div&gt;&lt;ul class=&amp;quot;cmtt_related&amp;quot;&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.com\/ja\/annual-equity-plan-replenishments\/&amp;quot;&gt;Navigating Annual Consecutive Equity Plan Replenishments: Data Insights and a Handy Checklist for Companies&lt;\/a&gt;&lt;\/li&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.com\/ja\/blackrock-voting-policy-2024-taiwan\/&amp;quot;&gt;BlackRock Voting Policy 2024: Taiwan&lt;\/a&gt;&lt;\/li&gt;&lt;\/ul&gt;&lt;\/div&gt;&lt;div class=glossaryTooltipMoreLinkWrapper&gt;&lt;a class=glossaryTooltipMoreLink href=https:\/\/allianceadvisors.com\/ja\/glossary-index\/stakeholder-engagement\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\" data-link=\"https:\/\/allianceadvisors.com\/ja\/glossary-index\/stakeholder-engagement\/\" href=\"https:\/\/allianceadvisors.com\/ja\/glossary-index\/stakeholder-engagement\/\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">stakeholder engagement<\/a>, align disclosures with ISSB and TCFD frameworks and focus on specific material sustainability risks and opportunities.<\/p>\n<p><strong>Voluntary standards converge<\/strong><\/p>\n<p>The voluntary reporting space is consolidating around the&nbsp;ISSB, which aims to establish a global baseline. Frameworks such as SASB, CDSB, TCFD and GRI are merging or collaborating to create standardization, ensure interoperability and promote simplicity.<\/p>\n<p>Organizations should consider these trends when developing or refining their reporting:<\/p>\n<ul>\n<li><strong>Data and governance:&nbsp;<\/strong>Strong systems and materiality prioritization are essential.<\/li>\n<li><strong>Shift in narrative:<\/strong>&nbsp;From broad ESG rhetoric to focused discussion of material sustainability risks.<\/li>\n<li><strong>Transparency over greenwashing:<\/strong>&nbsp;Evidence-based commitments are vital for trust.<\/li>\n<li><strong>Concise, visual reports:<\/strong>&nbsp;Investors want structured, machine-readable and impactful reports.<\/li>\n<\/ul>\n<p><strong>Building your sustainability reporting approach<\/strong><\/p>\n<ol>\n<li><strong>Understand expectations and requirements:<\/strong> Clarify which disclosures are mandatory and which are voluntary. Define the target audience, purpose and communication priorities early to ensure compliance and make reporting meaningful.<\/li>\n<li><strong>Build strong engagement and collaboration:<\/strong> Engage shareholders year-round, not just at the annual meeting. Expand engagement to customers and other stakeholders. Internally, involve finance, operations, HR and procurement teams to create a cross-functional reporting process.<\/li>\n<li><strong>Position reporting as strategic communication:<\/strong> Reporting should show how sustainability supports growth, risk management and long-term value creation. Don&rsquo;t just &lsquo;check the box&rsquo;, but use the report as a storytelling tool to highlight how your company addresses material risks and seizes opportunities.<\/li>\n<\/ol>\n<p>Sustainability reporting goes beyond compliance: it&rsquo;s strategic communication. Companies that treat reporting as an opportunity to tell a clear, credible story will build investor confidence, strengthen stakeholder trust and position themselves for long-term success.<\/p>\n<\/div>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row content_placement=&rdquo;middle&rdquo; remove_bottom_col_margin=&rdquo;true&rdquo; css=&rdquo;.vc_custom_1761123889627{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;}&rdquo; wpex_bg_color=&rdquo;#f1f1f1&Prime;][vc_column width=&rdquo;2\/3&Prime;][vc_column_text css=&rdquo;&rdquo;]\n<p style=\"font-weight: 400;\">This article first appeared in Governance Intelligence and IR Impact magazines. Permission to use this reprint has been granted by the publisher. &copy; 2025 IR Media Group Ltd.<\/p>\n[\/vc_column_text][\/vc_column][vc_column width=&rdquo;1\/3&Prime;]<div class=\"vcex-image-grid-wrap\"><div class=\"vcex-module vcex-image-grid grid-style-default wpex-row wpex-clr\"><div class=\"id-55593 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_2 col col-1\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/www.ir-impact.com\/2025\/10\/the-new-era-of-sustainability-reporting-global-shifts-practical-lessons-and-strategic-opportunities\/\" class=\"vcex-image-grid-entry-link\" target=\"_blank\" rel=\"noopener noreferrer\"><img width=\"300\" height=\"399\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/IR-logo-no-border.jpg\" class=\"wpex-align-middle\" alt=\"\" loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/IR-logo-no-border.jpg 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/IR-logo-no-border-226x300.jpg 226w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/IR-logo-no-border.jpg?w=60 60w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/IR-logo-no-border.jpg?w=120 120w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/><\/a><\/div><\/figure><\/div><div class=\"id-55587 vcex-image-grid-entry vcex-grid-item wpex-text-center span_1_of_2 col col-2\"><figure class=\"vcex-image-grid-entry-figure wpex-last-mb-0 wpex-clr\"><div class=\"vcex-image-grid-entry-img entry-media wpex-relative wpex-mb-20\"><a href=\"https:\/\/www.governance-intelligence.com\/esg\/new-era-sustainability-reporting-global-shifts-practical-lessons-and-strategic-opportunities\" class=\"vcex-image-grid-entry-link\" target=\"_blank\" rel=\"noopener noreferrer\"><img width=\"300\" height=\"399\" src=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Governance-Intelligence-logo-no-border.jpg\" class=\"wpex-align-middle\" alt=\"\" loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Governance-Intelligence-logo-no-border.jpg 300w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Governance-Intelligence-logo-no-border-226x300.jpg 226w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Governance-Intelligence-logo-no-border.jpg?w=60 60w, https:\/\/e4h8grreyn6.exactdn.com\/wp-content\/uploads\/2025\/02\/Governance-Intelligence-logo-no-border.jpg?w=120 120w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"\/><\/a><\/div><\/figure><\/div><\/div><\/div>[\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row css_animation=&#8221;fadeIn&#8221; content_placement=&#8221;bottom&#8221; column_spacing=&#8221;0px&#038;#8&hellip;<\/p>\n","protected":false},"author":24,"featured_media":61485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[379],"tags":[],"post_series":[],"ppma_author":[460],"class_list":["post-61766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-ja","entry","no-media"],"authors":[{"term_id":460,"user_id":24,"is_guest":0,"slug":"e-palikuca","display_name":"Emmanuelle Palikuca","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/70494411e4581943189030a26bb7d0b399153d4c94beb45a8406bdb9861eb5ac?s=96&d=mm&r=g","author_category":"1","first_name":"Emmanuelle","last_name":"Palikuca","user_url":"","job_title":"Managing Director, Global Advisory and Head of Sustainability","description":"Highly experienced in both sustainability and capital markets, Emmanuelle joins Alliance to lead the firm\u2019s ESG solutions. Emmanuelle is a senior ESG leader with a track record of partnering with executive leadership and boards of global companies to successfully develop and execute on ESG disclosure, strategies, and performance goals. Her expertise lies specifically in ESG materiality, ratings, and global framework alignment (SASB, TCFD, GRI, etc.)."}],"_links":{"self":[{"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/posts\/61766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/comments?post=61766"}],"version-history":[{"count":6,"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/posts\/61766\/revisions"}],"predecessor-version":[{"id":66407,"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/posts\/61766\/revisions\/66407"}],"wp:attachment":[{"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/media?parent=61766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/categories?post=61766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/tags?post=61766"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/post_series?post=61766"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/allianceadvisors.com\/ja\/wp-json\/wp\/v2\/ppma_author?post=61766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}