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IAASB brings consultation on sustainability assurance standard forward

The International Auditing and Assurance Standards Board (IAASB) has confirmed that it will bring forward the consultation on its proposed new sustainability assurance standard, the International Standard on Sustainability Assurance™ (ISSA) 5000.

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ISSB considers phased approach to sustainability reporting with climate taking centre stage

While we wait for the much-anticipated initial two standards from the International Sustainability Standards Board (ISSB), set to be released in Q2 2023, the board is considering additional transitional relief to support companies who will be implementing Standards S1 and S2.

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FCA receives broad support for its Sustainability Disclosure Requirements

The UK’s Financial Conduct Authority (FCA) has received positive feedback on its proposals to improve sustainability information available to investors. The proposals aim to build trust in sustainable investment products and to help consumers make better-informed decisions when navigating the market.

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Event

Equipping the Public Sector for Sustainability Action

4th April, 2023

IPSASB, IFAC and Accountancy Europe Register here 4 April 2023 Brussels, Belgium

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Key takeaways from the IFRS Sustainability Symposium

Last month the IFRS Foundation hosted the IFRS Sustainability Symposium in Montreal, outlining what’s next for sustainability reporting and the International Sustainability Standards Board (ISSB).

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IOSCO welcomes ISSB move to final stage of sustainability standards

The International Organization of Securities Commissions (IOSCO) published a statement welcoming the International Sustainability Standards Board (ISSB)’s progress into the final stage of developing its first sustainability disclosure standards (above).

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Support for XBRL in UK sustainability investment disclosures and labels

Innovate Finance recently shared a useful comment response to the UK Financial Conduct Authority (FCA) consultation paper Sustainability Disclosure Requirements and investment labels.

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ESAs welcome draft sustainability standards

The EU’s three European Supervisory Authorities (ESAs) published positive statements supporting the current draft of the European Sustainability Reporting Standards (ESRS) this week.

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Challenges and opportunities for sustainability disclosure.

During a panel at Data Amplified Virtual 2022 Richard Bossen (AMANA) and Owen Jones (IFRS Foundation) and Stuart Rowan (XBRL International) tackled the current challenges – and suggested potential solutions – facing sustainability standard setters now.

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Data Amplified Virtual 2022: What’s next for ISSB sustainability standards?

Data Amplified this year saw significant sessions on the policy and practice driving digital sustainability disclosures. Bing Leng, Board Member of the International Sustainability Standards Board (ISSB), gave a thorough run down of the processes, governance procedures, and reiterations that are leading to a new global baseline for sustainability disclosure.

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