SSE contributes to COP27 discussion on a global comprehensive reporting system
13 November 2022
As part of the UN SSE’s COP27 activities in Sharm al Sheik, Egypt, SSE Academy Head Tiffany Grabski participated in a panel discussion on developing “A Global Comprehensive Reporting System.” Bringing together representatives of the private sector, standard setters and stock exchanges, Ms. Grabski highlighted the key role that capacity building plays in advancing this work.
“What’s clear in this conversation is that we need to up-skill all companies and all sectors as we move forward. Stock exchanges play an essential role in this work and will continue to do so as we work towards a global comprehensive reporting system that integrates environmental, social and governance factors,” said Ms. Grabski.
Since 2021, as Head of UN SSE Academy, Ms. Grabski has worked with over 55 stock exchanges and 15,000 participants to facilitate training on climate-related financial disclosures. She highlighted in her intervention that the primary question in training on disclosure pertains to how different reporting standards fit together. An initial analysis of the questions received during 200 hours of TCFD training found that 53% center on the need to more clear define how TCFD fits with other reporting standards. A recent blog outlines the training work by the UN SSE together with its partners.
DCarbon Egypt (DC) and The Global Reporting Initiative (GRI), sponsored and supported by Vodafone hosted the panel discussion in the Egyptian Pavilion at COP27 to bring together stakeholders and partners to a platform for discussion on the importance, challenges, opportunities, and innovations as well as the way forward for developing “A Global Comprehensive Reporting System”.
The panel objective illustrated a clear call from the private sector, standards and frameworks, regulators and exchanges, towards the need and the efforts for a global comprehensive reporting system. Panelists included Bobbie Mellor, Vodafone Group Global Head of ESG, Heba El Serafi, Vice chairman, Egyptian Exchange, Judy Kuszewski, GRI Chair of GSSB, Tiffany Grabski, Head of SSE Academy and Dr. Ehab Shalaby, PhD, Chairman of DCarbon Egypt. The panel was moderated by Mardi McBrien, IFRS Foundation Director Strategic Affairs.
Panelists from left to right: Judy Kuszewski, GRI Chair of GSSB, Bobbie Mellor, Vodafone Group Global Head of ESG, Dr. Ehab Shalaby, Chairman of DCarbon Egypt, Tiffany Grabski, Head of SSE Academy, Heba El Serafi, Vice chair, Egyptian Exchange, moderated by Mardi McBrien, IFRS Foundation Director Strategic Affairs,
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About the SSE
The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.
