The International Accounting Standards Board (IASB) has this week completed the Targeted Standards-level review of Disclosure Project, designed to discover an improved approach to developing new disclosure standards.
Last week The International Sustainability Standards Board (ISSB) voted on the technical substance of its sustainability standards. With the content of the standards fully agreed, the ISSB can now move onto the final stage in preparation: drafting. A January 2024 implementation date for Sustainability Disclosure Standards S1 and S2 was also agreed during the meeting.
Environmental social, and governance (ESG) reporting was a key topic at last month’s AICPA & CIMA Conference on Current SEC and PCAOB Developments. The US Securities and Exchange Commission (SEC) is currently developing its proposed rule on The Enhancement and Standardization of Climate-Related Disclosures for Investors.
This week the European Financial Reporting Advisory Group (EFRAG) reached a major milestone, releasing the first set of (almost) final draft European Sustainability Reporting Standards (ESRSs). Their publication follows a public consultation this summer.
The International Organization of Securities Commissions (IOSCO) and the International Valuation Standards Council (IVSC) have entered a cooperation agreement to explore approaches to valuation worldwide, and the quality of information available to investors.
The International Sustainability Standards Board (ISSB) made a number of key decisions at its October meeting, confirming and clarifying aspects of its proposed sustainability-related disclosure standards.
Businesses need to step up on climate-change reporting, argues Workiva CEO Marty Vanderploeg in a recent LinkedIn post on ‘Avoiding a Climate-Related Financial Crisis.’
“How can companies prepare for something before knowing what it is?” That’s the question addressed in a new post by Workiva’s Andromeda Wood, who is also a member of XBRL International’s Best Practices Board, as she considers how to prepare for as-yet unfinished environmental, social and governance (ESG) reporting requirements.
Emmanuel Faber, the Chair of the International Sustainability Standards Board (ISSB), has spoken to the European Parliament’s Committee on Economic and Monetary Affairs, describing his hopes for collaboration between the ISSB and its European counterparts.
Review processes are underway in earnest, with this year’s three major public consultations on sustainability reporting now closed.
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