INTERNATIONAL TECHNICAL UPDATE – IFAC PROPOSES NEW PARALLEL SUSTAINABILITY REPORTING BOARD

THE INTERNATIONAL Federation of Accountants (IFAC) has released detailed proposals to create a new International Sustainability Standards Board (ISSB), working alongside the International Accounting Standards Board (IASB) but operationally independent under the IFRS Foundation. The goal would be integrating standards created by a wide range of existing sustainability initiatives, such as from the CDP (https://www.cdp.net/en), CDSP (https://www.cdsb.net/cdp), GRI (https://www.globalreporting.org/Pages/default.aspx), IIRC (https://integratedreporting.org/) and the ...


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