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By Susanna Rust2021-02-03T16:13:00+00:00
The trustees of the IFRS Foundation have indicated a possible announcement on the establishment of a sustainability standards board on the occasion of the UN climate change conference later this year.
In September last year the trustees launched a consultation on sustainability reporting to assess appetite for global sustainability reporting standards and for it to play a role in the development of such standards, possibly with the Foundation setting up a sustainability standards board.
In a statement yesterday, the trustees said they had reviewed the responses to the first three questions asked by the consultation at a meeting on Monday, and that these showed “growing and urgent demand for improvement in the global consistency and comparability in sustainability reporting, as well as strong recognition that urgent steps needed to be taken and broad demand for the IFRS Foundation to play a role”. ....

Martijn Bos ,