Purpose and progress towards ISSB: Webcast introduction to Technical Readiness Working Group
For those interested in the development of the proposed International Sustainability Standards Board (ISSB), a webcast from the International Financial Reporting Standards (IFRS) Foundation is important viewing. It discusses the purpose and progress of the Technical Readiness Working Group (TRWG), including a look ahead at its work programme and expected timeline.
The TRWG was created by the Foundation’s Trustees in March 2021 to do preparatory work for the ISSB, providing technical recommendations to support early standards setting. It is one of a number of groups contributing to the formation of the new board and of the development of international sustainability reporting standards.
“The purpose of the TRWG is to give the proposed ISSB a running start, enabling it to respond to investors’ urgent demands for improved transparency and consistency in company reporting on sustainability matters,” says the IFRS Foundation. “The TRWG is building on the work of long-standing international sustainability reporting initiatives focused on enterprise value.”
Read more and watch the webcast here.
