IFRS Foundation and EFRAG Publish Interoperability Guidance
The document is designed to reduce complexity, fragmentation, and duplication for companies applying both the ISSB Standards and ESRS
EY Global Climate Risk Barometer: Businesses Neglecting Climate Strategy
The EY Global Climate Risk Barometer indicates that despite improved reporting, businesses neglect adequate climate strategy and action
EU takes a step forward toward sustainable economy
In a bid to promote sustainable economy, the European Union has adopted the European Sustainability Reporting Standards (ESRS) for all companies subject to the Corporate Sustainability Reporting Directive (CSRD). The standards cover the full range of environmental, social, and governance (ESG) issues including climate change, biodiversity and human rights. They provide information for investors to
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