DGSI TS 122: 2023, Impact statements for profit-oriented entities

In accordance with the past decision of the Standards Policy Committee to initiate periodic maintenance on all published national standards by no later than one (1) year after publication, please find enclosed for review, DGSI TS 122:2023. 

This Specification describes the basis for the presentation of impact statements to ensure comparability both with the entity's impact statements of previous periods and with the impact statements of other entities. It sets out overall requirements for the presentation of impact statements, guidelines for their structure and minimum requirements for their content for profit-oriented entities.

This Specification does not set out the measurement requirements nor prescribe measurement techniques. This Specification does not specify best practices in the use or interpretation of impact accounts. The Specification is designed to present impact from a double materiality perspective, that is by disclosing ESG risks on the entity as well as the entity’s impact on people and planet.
 

Date posted: September 09, 2024

Comments due: November 08, 2024