Japan Aligns Sustainability Reporting Standards with IFRS
The new standards will enable companies in Japan to meet global compliances and neighbor expectations while maintaining local regulatory considerations
The new standards will enable companies in Japan to meet global compliances and neighbor expectations while maintaining local regulatory considerations
The draft NESRS addresses sustainability topics such as climate change, pollution, water resources, biodiversity, circular economy, workforce, and business conduct.
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