INTERNATIONAL CLOTHING SECTOR FACES RELEASE OF GLOBAL SUSTAINABILITY REPORTING STANDARDS AND RULES IN 2023
March 11th, 2023
The international clothing and textile sector will have to take account of the first global sustainability reporting standards designed to become compulsory in many countries worldwide from January 1, 2024. These will be published by June, having been approved in February by the International Sustainability Standards Board (ISSB).
It is linked to the International Accounting Standards Board (IASB) whose financial reporting rules are compulsory for listed companies in 167 jurisdictions. That includes all European Union (EU) countries, the UK, Canada, South Africa ...
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