What ESG and sustainability disclosure requires
ESG disclosure is the published account of how an organisation manages its environmental, social and governance impacts, prepared against a recognised standard. ADX and DFM require sustainability reporting from listed entities, and IFRS S1 and S2 have become the reference point for investors comparing across markets.
Where sustainability reports fail
Not in the narrative, which is usually well written, but in the figures behind it. Emissions calculated on inconsistent boundaries between years. Social metrics drawn from HR systems that define headcount differently in each entity. Scope 3 categories omitted without explanation. None of this is visible to a reader until someone tries to assure it, at which point the report has already been published.
How CLA Emirates prepares a report
We start with the reporting boundary and the data lineage rather than the standard, because most restatements come from boundary changes nobody documented. Each metric is traced to its source system, the calculation method is written down, and comparatives are restated openly where the basis has changed. The report is then drafted against the standard you are actually held to, with the gaps stated rather than hidden.
The reporting standards we work to
- IFRS S1 and S2
- GRI Standards
- SASB
- TCFD
- ADX and DFM ESG disclosure guidance
