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Will new global standard for corporate sustainability reporting corral wild west of ESG?

Corporate Knights

A breakthrough happened about 18 months ago at the COP26 climate summit in Glasgow when the IFRS Foundation agreed to form the ISSB and establish a single sustainability reporting framework. This is especially true with the Ukraine war driving up oil and gas prices and demand in Europe.

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ISSB Eases Scope 3 Reporting Requirements for Financial Sector

ESG Today

The ISSB was launched in November 2021 at the COP26 climate conference, with the goal to develop IFRS Sustainability Disclosure Standards to provide investors with information about companies sustainability risks and opportunities. Click here to access the exposure draft and response form.