“Efforts to establish a global consensus for climate and sustainability disclosures took a major step as the International Financial Reporting Standards Foundation (IFRS) announced a series of ‘significant developments’ including its new International Sustainability Standards Board (ISSB).”
[COMMENTARY]This development is great news and timely. I and many others associated with ethical and sustainable investing have decades called for this development.
UPDATE: Canadians are happy too, that one of the three main offices of the new Board will be in Montreal.
IFRS announces global sustainability standards board, by Sam Alberti, November 3, 2021, Accountancy Age, USA.