Archive

  • ISSB tie-up with TPT sees it join crowded field of transition planning guidance

    24 June 2024

    The International Sustainability Standards Board (ISSB) will provide guidance on climate transition planning following an agreement to "assume responsibility for" the UK Transition Plan Taskforce (TPT)'s disclosure-specific materials.

  • ISSB discussing alignment issues with Australia, Faber says as he warns of extra cost

    28 May 2024

    "There will be a cost" for companies and investors in jurisdictions that claim alignment with, but diverge substantially from, International Sustainability Standards Board (ISSB) standards, the chair of the board warned.

  • 'Stand up and be counted': ISSB vice-chair urges investor pushback against divergence

    08 May 2024

    Investors have been urged to "stand up and be counted" by pressuring regulators to align with International Sustainability Standards Board (ISSB) standards, in a call by the group's vice-chair, Sue Lloyd.

  • 'Minimal additional effort' to build on ISSB to meet CSRD, says EU-ISSB guidance

    02 May 2024

    EU companies reporting under European standards can comply with global standards "with minimal additional effort", according to the European Commission.

  • Nature and social standards not top of our priorities, ISSB says

    18 March 2024

    The International Sustainability Standards Board (ISSB) has indicated that it will focus its future work on ensuring implementation of its existing standards - suggesting that it does not plan to imminently begin projects to set dedicated nature-related and social standards.

  • SEC stumbles into battleground of climate materiality

    12 March 2024

    Letting companies decide whether emissions are material to their business opens the door for disputes, writes Michael Hurley

  • Australian disclosure standards' divergence from ISSB risks fragmentation, NBIM says

    05 March 2024

    The divergence of proposed Australian climate disclosure standards from International Sustainability Standards Board (ISSB) standards risks undermining comparability of sustainability reports, according to Norges Bank Investment Management (NBIM).

  • Investors have 'sleepless nights' over net zero targets tied to estimated data

    26 February 2024

    Institutional investors lose sleep over net zero targets for which progress reporting is tied to huge volumes of estimated data, particularly data relating to greenhouse gas (GHG) emissions from a company's value chain, a conference heard.

  • Faber issues rallying cry as regulators diverge from ISSB, jeopardising its mission

    23 February 2024

    The chair of the International Sustainability Standards Board (ISSB) has issued a "call to action" for regulators to unite behind by the organisation's standards, warning that divergence from them threatens to undermine its mission.

  • Bank of America CEO pleas for regulatory consistency on ISSB adoption

    22 February 2024

    Bank of America's CEO urged regulators not to diverge from the IFRS Sustainability Disclosure Standards, as the banking head warned that doing so would deepen confusion of an 'alphabet soup' of sustainability reporting.