Talking ESG: Interoperability across multiple reporting frameworks

Apr 25, 2024

Valerie Wieman, PwC National Office Partner, discusses interoperability and equivalence in sustainability reporting frameworks. Topics include a 'data first' approach, differences in scope and materiality, attestation requirements, and leveraging interoperability opportunities. The importance of timing considerations, compliance starting points, and utilizing data for efficiency are also highlighted.

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Introduction

00:00 • 2min

Navigating Interoperability and Equivalency in Reporting Frameworks

02:09 • 8min

Exploring the Extensive Reach of Sustainability Reporting Standards

09:43 • 2min

Navigating Disclosure Requirements for Net Zero Claims and Carbon Offsets

11:29 • 2min

Optimizing Reporting Timing for ESG Frameworks

13:37 • 5min

Navigating Reporting Obligations for Climate-Related Disclosures

18:51 • 16min

Navigating Reporting Frameworks and State Laws for Companies

34:42 • 3min

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Companies subject to multiple sustainability reporting regulations are sorting through how best to meet each framework’s requirements in an effective and efficient manner. In this episode, host Heather Horn sits down with Valerie Wieman, PwC National Office Partner, to discuss the concepts of interoperability and equivalence across global sustainability reporting frameworks as well as the importance of a data-driven assessment.

In this episode, we discuss:

2:31 - Defining the concepts of interoperability and equivalence
3:29 - What a “data first” approach means when it comes to preparing for compliance
4:51 - Overview of interoperability and equivalence in the major frameworks
14:00 - Timing considerations across frameworks
19:18 - Differences in scope and materiality among frameworks
24:59 - Attestation and assurance requirements across frameworks
31:25 - Getting started on compliance and how best to leverage interoperability opportunities

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Valerie Wieman is a PwC National Office partner with over 30 years of experience. She helps lead the creation, development, and publication of our brand-defining thought leadership, with a focus on domestic and international sustainability requirements.

Heather Horn is the PwC National Office Sustainability & Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC’s global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series.

Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.