Biodiversity, Human Capital May Fall Under ISSB Gambit
ISSB plans to establish specific disclosures for sustainability-related financial disclosures, establishing a global baseline
ISSB to take over Corporate Monitoring Responsibility from TCFD
In 2024, The IFRS Foundation’s International Sustainability Standards Board (ISSB) will take over responsibility for monitoring the progress of companies’ climate-related disclosures from the Financial Stability Board’s (FSB) Task Force on Climate-related Financial Disclosures (TCFD). The transfer of responsibilities marks a significant step in the ongoing consolidation of sustainability reporting standards, following the publication last
ISSB issues global sustainability disclosure standards
The International Sustainability Standards Board (ISSB) has issued inaugural standards—IFRS S1 and IFRS S2, to drive sustainability-related disclosures in capital markets worldwide. IFRS S1 provides a set of disclosure requirements to enable companies to communicate to investors about the sustainability-related risks and opportunities they face over the short, medium, and long term. IFRS S2 sets