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Standards Setters Agree ‘Two-Pillar’ Approach to Sustainability Reporting

Chris Hall

The IFRS Foundation and Global Reporting Initiative (GRI) have adopted a formal agreement to collaborate and coordinate on the development of standards for sustainability-related disclosures. At COP26 we heard strong support for consolidation in the sustainability reporting landscape.

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What every CFO needs to know about the new sustainability reporting standard

We Mean Business Coalition

At COP26 a new initiative was launched, contributing to the veritable alphabet soup of abbreviations in the world of sustainability. CFOs need to take note of the new initiative, because ISSB and IASB will also work in close cooperation to establish connectivity between the standards via existing guiding principles of integrated reporting.

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Sustainable Finance and Upcoming Reporting Requirements in 2022

Sphera

Even after the 26th United Nations Climate Change Conference of the Parties (COP26) came to a close last November, the ESG landscape still remains unclear. 1, 2022, but fully integrated on Jan. 1, 2024): The EU has developed a legislated “taxonomy” (classification) of sustainable activities of businesses across sectors.

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ISSB Standards Launch a “Landmark” for Global Economy

Chris Hall

The collaboration between the ISSB and IOSCO has been constructive, and we can proudly say that key sustainability-related disclosure standards will be ready for corporate use by the end of 2024.” Adopting ISSB standards Now that IFRS S1 and IFRS S2 are issued, the ISSB will work with jurisdictions and companies to support adoption.