Posts Tagged ‘sustainability’
K-Cup Disclosures Cost Keurig $1.5M
Well here’s news that will wake up all you sustainability reporting enthusiasts: the Securities and Exchange Commission just fined coffee giant Keurig Dr. Pepper $1.5 million for making misleading disclosures about the recyclability of those little K-cups. The SEC announced the enforcement action Tuesday morning. According to the settlement order, Keurig stated in its annual…
Read MoreA Closer Look at ICSR Reporting
Today I want to revisit sustainability reporting, and the recent guidance from COSO on designing effective internal control for sustainability reporting. Compliance officers, auditors, and corporate sustainability teams have much more to consider here to get “ICSR” at your company right. We can begin with the most basic question of all: Why is any of…
Read MoreNew COSO Help on Sustainability Reporting
COSO dropped extensive new guidance this week on how companies can build effective internal control over sustainability reporting, to assure that the ESG disclosures your company might make have the same accuracy and reliability that exists for financial reporting. COSO published the guidance on Thursday — 114 pages of it, walking the reader through every…
Read MoreThoughts on Managing Sustainability Risk
Interesting news on the framework front: COSO has agreed to work with the World Business Council for Sustainable Development to develop guidance on how to embed sustainable business practices into COSO’s forthcoming framework for enterprise risk management. The two groups announced their partnership last Friday; the guidance should arrive sometime in 2018. I hadn’t heard…
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