International Sustainability Standards Board
From ACT Wiki
Financial reporting - sustainability - International Financial Reporting Standards (IFRS).
(ISSB).
The ISSB is a proposed body to set IFRS sustainability standards.
- International ESG reporting standards
- "Europe is leading the way on ESG standard setting, but it is hoped a globally accepted set of ESG standards will be imminent.
- The International Financial Reporting Standards Foundation is currently consulting on constitutional changes to set up an International Sustainability Standards Board."
- The Treasurer magazine, Issue 3, September 2021, p21
- ISSB could help unify fragmented sustainability standards
- "The proposed International Sustainability Standards Board (ISSB) could prompt consolidation in the disclosure of financially material sustainability information by corporates and financial institutions within a globally accepted framework, Fitch Ratings says.
- The large-scale adoption of International Financial Reporting Standards (IFRS), their familiarity and widely accepted credibility makes the expected ISSB launch a significant event that could facilitate widespread and consistent sustainability disclosures across sectors, although their efficacy would depend on ISSB standards’ final form and their implementation by regional and national authorities."
- Fitch Wire, September 2021, p21
See also
- Conceptual framework
- ESG
- Financial Stability Board
- G20
- IAS
- IFRS
- International Accounting Standards
- International Accounting Standards Board
- International Financial Reporting Standards (IFRS)
- International Financial Reporting Standards Foundation
- Not-for-profit
- Sustainability
- World Bank
