Global sustainability disclosure standards for the financial markets

IFRS Foundation announces International Sustainability Standards Board, consolidation with CDSB and VRF, and publication of prototype disclosure requirements


While COP26 the IFRS Foundation Trustees (Trustees) announce three significant developments to provide the global financial markets with high-quality disclosures on climate and other sustainability issues:

  • The formation of a new International Sustainability Standards Board (ISSB);
  • A commitment by leading investor-focused sustainability disclosure organisations to consolidate into the new board;
  • The publication of prototype climate and general disclosure requirements developed by the Technical Readiness Working Group (TRWG).

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