DD Multilevel Reporting

Enhancing due diligence multi-level reporting

Location

Global

Aim

The project aims to enhance sustainability in investments by enabling ISEAL members to align with new financial disclosure regulations, fostering transparency and combatting greenwashing. Recognizing the challenges faced by small and medium businesses in meeting these regulations, the project empowers them through ISEAL member expertise, facilitating streamlined data generation and reporting. This adds value to ISEAL member standards but also supports financiers in making confident investments in sustainable development. The two-year plan encompasses data-field mapping, methodology development, interface creation, and the integration of regulatory reporting data into sustainability systems. The project’s innovation lies in bridging the gap between evolving sustainability regulations, promoting collaboration, knowledge sharing, and effective due diligence between ISEAL members. The long-term vision involves sustaining a knowledge-sharing portal to benefit certified entities, governments, fund managers, ISEAL, and the broader sustainability community, providing a pathway for stakeholders to navigate regulatory landscapes with confidence, fostering transparency and sustainability in investment decisions.

Challenge

The project aims to address the complexities and challenges posed by new financial disclosure regulations for sustainable investments. These regulations are designed to enhance transparency and combat greenwashing but may hinder sustainable development by favoring larger corporations over smaller businesses that struggle to meet data requirements. The project’s goal is to align sustainable investment and financial transparency, focusing on the sustainable production sector to support broader sustainability objectives. It seeks to help ISEAL members adapt effectively and efficiently to these evolving regulations.

Approach

GIB’s project in signfically improve sustainable investment and disclosure practices, marked by several key features:

• Alignment with Emerging Regulations: We proactively address new financial disclosure regulations by bridging the gap between existing sustainability standards and new requirements, ensuring businesses can adapt smoothly and stay compliant.
• Streamlined Reporting: Our approach simplifies reporting for ISEAL members and supported projects, reducing compliance burdens and encouraging collaboration through a user-friendly interface.
• Access to Finance: By aligning with financiers’ due diligence requirements, our innovation enhances access to finance for sustainable businesses, boosting capital flow into sustainability projects.
• Collaborative Approach: Leveraging the FAST-Infra Label initiative, our project amplifies positive impacts on sustainable investment practices, showcasing a unique model of collaboration in the sustainability sector.
• Catalyst for Change: Our project drives positive change by integrating financial flows with responsible activities and promoting clearer reporting, inspiring global sustainability systems to adopt more transparent and impactful strategies.

Role of GIB

GIB’s role is to facilitate and guide this process, aligning reporting templates with the needs outlined by financiers.

Updates

Partners

  • Assurance Services International
  • Global Sustainable Tourism Council
  • GEO Foundation

Contact

Giulio Baroni

Giulio Baroni

Project Manager, Communication Coordinator

The creation of this portal was possible thanks to a grant from the ISEAL Innovation Fund, which is supported by