Archive

  • IFRS Foundation calls for sustainability standards board nominees

    01 June 2021

    The trustees of the IFRS Foundation have called for nominations for the roles of chair and vice-chair of the proposed 14-member International Sustainability Standards Board (ISSB) to develop global sustainability reporting standards for disclosures in corporate reports.

  • Cautious optimism for TNFD despite challenges

    08 March 2021

    After the success of the TCFD in driving focus on climate-related disclosures, the mood is upbeat that the Task Force on Nature-related Financial Disclosures (TNFD) can do the same for natural capital - despite awareness of the additional challenges it faces. Ahren Lester reports

  • IFRS Foundation sets out 'strategic direction' for global sustainability standards

    08 March 2021

    The trustees of the IFRS Foundation have said a prototype climate-related disclosure standard devised last year could be used as the basis for a proposed global sustainability reporting regime, and said they plan to begin work with a group of sustainability-related reporting organisations.

  • IOSCO offers to help IFRS coordinate global disclosure standards

    26 February 2021

    The International Organization of Securities Commissions (IOSCO) has offered to establish an expert group that would help the IFRS coordinate development of its proposed global sustainability reporting standards.

  • Reporting organisations invite EU, IFRS collaboration

    13 January 2021

    Five organisations working to create a globally accepted comprehensive corporate reporting system have invited the EU and the International Financial Reporting Standards (IFRS) Foundation to contribute to their work on harmonisation.

  • 'Double materiality' splits market in IFRS sustainability standards consultation

    07 January 2021
  • Impact: Six areas to watch in 2021

    07 January 2021

    A legal framework for impact, harmonisation of reporting frameworks and the rise of impact indexes could shape 2021, writes Michael Hurley

  • IFRS 'should use TCFD' as basis for reporting standards, says FSB

    24 December 2020

    The IFRS Foundation's proposal to devise international sustainability reporting standards should be underpinned by the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the Financial Stability Board (FSB) has said.

  • IFRS sustainability standards could create 'additional fragmentation'

    23 December 2020

    The IFRS Foundation has been warned that if it does not support the work of existing standard setters, its proposals to develop consolidated international sustainability reporting standards could lead to "additional fragmentation in an already crowded ecosystem".

  • International sustainability standards 'should incorporate SDGs'

    18 December 2020

    Efforts to develop international sustainability reporting standards should use the Sustainable Development Goals (SDGs) "as an underlying anchor", according to the European Securities and Markets Authority (ESMA).