INTERNATIONAL TECHNICAL UPDATE – IFRS FOUNDATION UNVEILS MECHANICS OF GLOBAL SUSTAINABILITY REPORTING SYSTEM

The IFRS Foundation has released a consultation paper detailing a possible governance structure for a Sustainability Standards Board charged with creating global rules on environmental reporting. The paper says that an independent standard-setting board of experts would be governed and overseen by global trustees, themselves accountable to the IFRS Foundation Monitoring Board. The institution would operate alongside the International Accounting Standards Board. See ...


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