The European Financial Reporting Advisory Group (EFRAG) continues to steam ahead in the development of sustainability disclosure standards.
The Trustees of the International Financial Reporting Standards (IFRS) Foundation announced this week the appointment of Sue Lloyd as Vice-Chair of the new International Sustainability Standards Board (ISSB).
Two items of sustainability reporting news from Southeast Asia have caught our eye this week. The Indonesian president Joko Widodo announced the launch of the country’s green taxonomy.
China’s Ministry of Ecology and Environment (MEE) has issued new rules introducing mandatory environmental disclosures for domestic enterprises.
The International Financial Reporting Standards (IFRS) Foundation Trustees have begun the search for up to 11 members of the newly formed International Sustainability Standards Board (ISSB).
The industry-led Impact Taskforce (ITF) – established by the G7 Presidency to examine how private capital can be mobilised at scale in support of key global sustainable development targets – has published its report, with recommendations for urgent action.
Debate on sustainability reporting in Europe continues. On 31 December, the EU Council approved the EU Taxonomy Climate Delegated Act, part of the EU Action Plan on Sustainable Finance, enabling the regulation to take effect as of 1 January this year.
2021 has in many ways been the “year of ESG” – of environmental, social and governance issues – and has seen several crucially important developments, particularly in terms of sustainability reporting standards and requirements.
The European Commission has announced, in a letter to the European Parliament and the Council of the EU, that implementation of the second stage of the Sustainable Finance Disclosure Regulation (SFDR) will be pushed back to 1 January 2023.
The International Federation of Accountants (IFAC) has published its vision for high-quality assurance of sustainability information.
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