Arabic Sustainability Dictionary

Non-financial reporting

An earlier term for corporate disclosure of environmental, social and governance information outside the financial statements, now largely replaced by sustainability reporting.

Operational control

A consolidation approach under which a company reports 100% of emissions from operations whose operating policies it has full authority to introduce and implement.

Reporting boundary

The entities, operations and value chain activities included in a report.

Reporting framework

A published set of disclosure requirements or guidance that specifies what an organisation should report, such as GRI, ESRS, ISSB or TCFD.

Reporting period

The time span covered by a report, usually aligned with the financial year.

Restatement

The correction or revision of previously reported information, with an explanation of the reasons and effects.

SASB Standards (SASB)

Industry-specific sustainability disclosure standards, now maintained by the ISSB, that identify the sustainability topics most relevant to financial performance in 77 industries.

Sustainability report

A periodic report in which an organisation discloses its sustainability impacts, risks, opportunities, targets and performance.

Sustainability reporting

The practice of disclosing a company's sustainability impacts, risks, opportunities and performance to external stakeholders.

Sustainability-related financial information

Information about sustainability-related risks and opportunities that could reasonably be expected to affect an entity's cash flows, access to finance or cost of capital.

Sustainable Finance Disclosure Regulation (SFDR)

EU Regulation 2019/2088, which requires financial market participants to disclose how they integrate sustainability risks and adverse impacts and to classify relevant products.

Task Force on Climate-related Financial Disclosures (TCFD)

A task force created by the Financial Stability Board whose 2017 recommendations structure climate disclosure around governance, strategy, risk management, and metrics and targets; its monitoring role passed to the ISSB in 2024.