<p><span>The International Organization of Securities Commissions (IOSCO) has adopted a far-reaching 2022 work plan to develop sustainable finance.</span></p>
<h3><span>Introduction</span></h3>
<p><span>In June 2021, the Financial Accounting Standards Board (“FASB”) staff published an Invitation to Comment, <i>Agenda Consultation</i> (“ITC”), to solicit broad stakeholder feedback about the FASB’s standard-setting process and its future standard-setting agenda. In addition to feedback sought through the ITC, the development of the ITC itself involved significant outreach by the FASB staff and Board members to a cross-section of stakeholders, approximately one-third of whom were investors or other financial statement users.</span></p>