The International Sustainability Standards Board (ISSB) published the IFRS Sustainability Disclosure Taxonomy (ISSB Taxonomy) this week, providing the pathway for sustainability reporting to be taken up a notch in terms of clarity, efficiency, and utility.
The IFRS Foundation and EFRAG have just released joint guidance on the alignment achieved between ISSB’s IFRS Sustainability Disclosure Standards and ESRS, providing valuable support for companies navigating sustainability reporting. This release offers practical support for companies, focusing particularly on navigating climate-related disclosures.
Following a positive consultation response, Hong Kong’s Stock Exchange (HKEX) recently announced that it will adopt the International Sustainability Standards Board (ISSB) standards for climate-related disclosures. This announcement is accompanied by the publication of the Exchange’s consultation conclusions on enhancing climate-related disclosures under its environmental, social, and governance (ESG) framework.
As part of a programme of tax reporting modernisation, the Directorate General of Taxes (DJP) in Jakarta is embarking on phase II of its trial for submitting financial reports using XBRL.
The latest episode of the Workiva ESG Talk podcast delves into the world of environmental, social, and governance reporting, featuring an interview with XBRL Chair (and Vice Chair of PwC US) Wes Bricker and XBRL International CEO John Turner.
The Basel Committee on Banking Supervision (BCBS) has published an updated version of its Core Principles for Effective Banking Supervision – the first update in 14 years. The new Core Principles address emerging supervisory challenges, regulatory developments, and risk mitigation, including those related to digitalisation and climate change.
The Financial Conduct Authority (FCA) has confirmed anti-greenwashing guidance and proposed extensions to its sustainability framework. These initiatives aim to safeguard against greenwashing, helping investors gain a clear picture of claims regarding the sustainability of financial products and services.
The European Parliament has taken the final, expected step in officially approving a directive to delay the implementation of sector-specific sustainability disclosure standards and reporting requirements for companies outside the EU under the Corporate Sustainability Reporting Directive (CSRD).
With the second IFRS digital taxonomy planned for publication on 30 April, this week the IFRS Foundation unveiled a short video designed to demystify the concept of IFRS digital taxonomies and illustrate how they empower companies to present information in compliance with IFRS Standards in a structured, machine-readable format.
Nikhil Rathi, Chief Executive of the Financial Conduct Authority (FCA), spoke at the Digital Regulation Cooperation Forum (DRCF) earlier this month. Rathi addressed key issues surrounding digital regulation in the UK and provided insights into the future direction of regulatory efforts in the face of rapid technological advancement.
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
