This week the IFRS Foundation released its 2024 progress report on corporate climate reporting that it has made to the Financial Stability Board. The 2024 report showcases significant progress in global climate-related disclosure practices, following the integration of TCFD guidance into the ISSB Standards.
The International Public Sector Accounting Standards Board (IPSASB) has unveiled its draft of its climate-related disclosure standard tailored for the public sector, inviting feedback from the global community until 28 February 2025.
The European Supervisory Authorities (ESAs), comprising the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA), have published their Final Report on new implementing technical standards (ITS) for the European Single Access Point (ESAP).
In a recent response to the proposed Financial Data Transparency Act (FDTA) rule, XBRL US has called for enhancements to improve standardisation and reduce regulatory costs.