With the second IFRS digital taxonomy planned for publication on 30 April, this week the IFRS Foundation unveiled a short video designed to demystify the concept of IFRS digital taxonomies and illustrate how they empower companies to present information in compliance with IFRS Standards in a structured, machine-readable format.
The International Sustainability Standards Board (ISSB) plans to initiate research projects focusing on the disclosure of risks and opportunities related to biodiversity, ecosystems, ecosystem services, and human capital. These research projects arise out of the ISSB’s consultation on future priorities.
The International Federation of Accountants (IFAC) has published a report outlining four key areas where accountants need to enhance their knowledge to meet the escalating demand for sustainability-related information.
The Securities and Exchange Commission (SEC) have decided to hit pause on the implementation of the Final Rules regarding climate-related disclosures for investors. Originally set to kick in from 2026, the effective date has been postponed while the (varied!) legal challenges are dealt with.
In response to evolving challenges in the financial landscape, the International Organisation of Securities Commissions (IOSCO) has unveiled its updated work plan for 2024. This revised plan introduces fresh initiatives aimed at addressing emerging trends, including, among others, artificial intelligence (AI) and green finance.
The European Financial Reporting Advisory Group (EFRAG) is gearing up to provide guidance to assist companies in disclosing their transition plans in alignment with the European Single Reporting Standards (ESRS).
Following the International Sustainability Standards Board (ISSB) recent engagement with major economies in Africa to promote sustainability standards, this week sees an update taking a closer look at the importance of data integrity to the mandate in South Africa.
Emmanuel Faber, Chair of the International Sustainability Standards Board (ISSB), alongside ISSB Member Ndidi Nnoli-Edozien, recently held discussions with prominent leaders and stakeholders in Kenya, Nigeria, and South Africa.
The Financial Reporting Council (FRC) has launched a survey of the UK market for sustainability assurance services. This initial study aims to ensure the efficient functioning of the rapidly expanding market and to enhance the quality of assurance provided over companies’ sustainability reporting.
Amid global moves to adopt sustainability reporting standards, EFRAG recently welcomed delegates from the Korea Sustainability Standards Board (KSSB) and the Korean Financial Services Commission (FSC) in Brussels to discuss developments in sustainability reporting.
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