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.
The Canadian Sustainability Standards Board (CSSB) has unveiled proposed standards aligned with the International Financial Reporting Standards (IFRS) Foundation’s International Sustainability Standards Board (ISSB).
Investors in Europe are facing significant hurdles in managing environmental, social, and governance (ESG) data, according to a recent survey from Bloomberg. The European ESG Data Trends Survey 2024, drawing responses from over 200 financial market participants across major European cities, underscores challenges surrounding ESG data coverage, quality and volume.
This Wednesday the US Securities and Exchange Commission (SEC) voted (3 to 2) in favour of the long-awaited and domestically controversial Climate Related Disclosures for Investors rule. The new rule introduces enhanced, standardised, Inline XBRL reporting for various aspects of climate risk, designed to improve investor access to information.
Following a Hong Kong government announcement in October 2023, Hong Kong is taking strides to implement sustainability standards in line with those released by the International Sustainability Standards Board (ISSB).
XBRL US recently released a new publication, “Digital First for California Climate Data,” highlighting the importance of digital data standards in climate reporting – and advocating for the adoption of XBRL for greenhouse gas (GHG) emissions reporting in California.
Singapore will introduce mandatory climate-related reporting, in alignment with the International Sustainability Standards Board (ISSB) standards. The initiative, announced recently by the Singapore Parliament, aims to strengthen environmental accountability and transparency in the corporate sector.
In the ongoing pursuit of globally comparable information for capital markets, the IFRS Foundation recently releases the Inaugural “Jurisdictional Guide for the adoption or other use of ISSB Standards (Preview)”.
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