On 15 May Andreas Barckow, Chair of the International Accounting Standards Board (IASB), delivered a keynote address at the European Accounting Association (EAA) Annual Congress, emphasising the emerging importance of “connectivity” in financial reporting.
Last week EFRAG and the International Sustainability Standards Board (ISSB) hosted a joint event in Brussels exploring the importance of interoperability between the IFRS Sustainability Disclosure Standards and European Sustainability Reporting Standards (ESRS).
Last week the Global Reporting Initiative (GRI) and the IFRS Foundation announced an enhanced collaboration aimed at creating full interoperability between GRI and ISSB standards.
On Monday 3 June and Tuesday 4 June, XBRL International and ClimateWorks Global Intelligence are collaborating to examine the role of the recently released ISSB taxonomy.
The IFRS Foundation has announced a new webinar series, ‘Perspectives on sustainability disclosure,’ aimed at helping market participants navigate sustainability reporting. Kicking off this month, these webinars will feature expert presentations and engaging discussions designed for both new and seasoned preparers.
Following publication of the IFRS Sustainability Disclosure Taxonomy (ISSB Taxonomy) on 30 April, the International Sustainability Standards Board (ISSB) has released an explanatory webinar to provide stakeholders with a comprehensive understanding of its key features and benefits.
In a recent blog post on the European Central Bank (ECB) Supervision Blog, Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, underscores the importance of banks’ materiality assessments in managing climate and environmental risks.
The UK’s Financial Reporting Council (FRC) is taking steps to enhance sustainability reporting assurance through focused roundtable discussions. These roundtables, introduced as part of the FRC’s ongoing market study initiated in March 2024, aim to gather insights from stakeholders regarding the current state and future direction of sustainability assurance.
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.
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