The Future of Sustainability Reporting with ISSB Standards - Interoperability
The ISSB was called upon to deliver consistent and comparable sustainability-related financial disclosures for informed investor decision-making. Key to success, however, is ensuring the interoperability of climate-related disclosure requirements for entities wishing to apply the ISSB Standards with other overlapping global climate disclosure standards, for example, the European Sustainability Reporting Standards (ESRS) or pending SEC standards. The ISSB is working on interoperability guidance material that could assist entities to navigate between the standards and to understand where there are incremental disclosures required by only one set of standards.
The International Sustainability Standards Board (ISSB) was established by the International Financial Reporting Standards (IFRS) Foundation Trustees in response to investors' demand for global ESG disclosure standards to simplify reporting and introduce comprehensive sustainability disclosures. The objective of the IFRS Sustainability Disclosure Standards is to enhance the effectiveness, efficiency, comparability, and decision-usefulness of corporate sustainability reporting.
Join the ICD and CPA Canada on Jan 30, 2024, for the second webinar of a four-part series, "The Future of Sustainability Reporting with ISSB Standards - Interoperability," to gain clarity on the requirements and implications of these new standards and equip your board with the knowledge to adapt.
Vice President, Research, Guidance & Support, CPA Canada
Managing Director, Head of Sustainability Integration, Global Leadership Team
ISSB Board Member, Founder, and former CEO, Sustainalytics
Director of Global Regulatory Outreach at the IFRS Foundation