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Items tagged with "Standards"

A step change in sustainability reporting, says IOSCO’s Alder

If you’re following developments in the international efforts to develop global environmental, social and governance (ESG) reporting standards and a Sustainability Standards Board (SSB), you may be interested in a recent interview in ESG Investor on ‘Making Climate Data Comparable’ with Ashley Alder, Chair of the International Organization of Securities Commissions (IOSCO).

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GRI and SASB standards ‘complement each other’

The Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) have published joint research exploring the experiences of companies using both sets of standards.

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Where should IASB go next? Consultation open on five-year plan

The International Accounting Standards Board (IASB) is seeking feedback on its priorities for the next five years – marking the third time it has consulted the public to create its work plan.

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WEF lends support to global ESG standards

The World Economic Forum (WEF) has published a letter to CEOs in support of the organisations working to achieve a globally accepted set of environmental, social and governance (ESG) reporting standards, particularly the creation of a Sustainability Standards Board (SSB) being led by the International Financial Reporting Standards (IFRS) Foundation.

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Sustainability standards setting begins in earnest with IFRS Foundation working group

The International Financial Reporting Standards (IFRS) Foundation Trustees have set up a working group to accelerate convergence in global sustainability reporting standards focused on enterprise value and to prepare for a potential international Sustainability Standards Board (SSB), representing a watershed in their ongoing progress.

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IOSCO supports global sustainability standards

In a keynote address at the 7th EU-Asia Financial Services Dialogue, Jean-Paul Servais, Vice-Chair of the International Organization of Securities Commissions (IOSCO), discussed recent developments in corporate disclosure of sustainability information, particularly growing momentum towards global standards.

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Tipping Point Fund grant to IIRC and SASB

The Tipping Point Fund on Impact Investing has awarded a combined US$500,000 in Grants to the International Integrated Reported Council (IIRC) and the Sustainability Accounting Standards Board (SASB). It is intended to support efforts to develop a global framework for impact reporting and sustainability disclosure.

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Digital from the outset: EU sustainability standards

The European Financial Reporting Advisory Group (EFRAG) has published two milestone reports. They set out recommendations to the European Commission (EC) on the development of EU sustainability reporting standards and on changes to EFRAG’s governance and funding if it were to expand its remit to non-financial standards.

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Vietnam to adopt IFRS reporting standards

Good news for financial reporting from Vietnam, where the Minister of Finance has approved the introduction of International Financial Reporting Standards (IFRS), in line with a previously announced schedule. According to the implementation scheme, IFRS reporting will begin on a voluntary basis from 2022, with mandatory application after 2025.

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IFRS Foundation announces strategic directions on sustainability

In their latest update on the development of international sustainability reporting standards and the establishment of a Sustainability Standards Board (SSB), the International Financial Reporting Standards (IFRS) Foundation Trustees have announced their views on strategic direction for the board.

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