Tag: ISSB

The ISSB is poised to finalise its Inaugural Jurisdictional Guide by mid-year, marking a stride towards global consistency in sustainability.

The UK is gearing up to introduce the Sustainability Disclosure Requirements (SDR) in 2024, marking a significant shift in the Environmental, Social, and Governance (ESG) regulatory landscape. This pioneering legislation is set to standardise how asset owners and managers communicate and market their sustainable investment products. Through a mix of anti-greenwashing rules, investment labelling, and disclosures, the SDR aims to assist investors in making informed choices about sustainable finance products and investments.

With the introduction of the Corporate Sustainability Reporting Directive (CSRD), companies are now required to disclose their sustainability performance. However, the European Financial Reporting Advisory Group (EFRAG) has acknowledged the challenges faced by small and medium-sized enterprises (SMEs) in meeting these requirements due to their limited resources.

After six years of pioneering work in climate-related financial disclosure, the Task Force on Climate-related Financial Disclosures (TCFD) has released its final status report. ESG-focused FinTech company Position Green recently explained what firms can learn from the new report. 

Brazil has declared it will enforce the ISSB sustainability standards, kicking off voluntary compliance in early 2024.

CDP will harmonise its sustainability reporting practices with the ISSB's novel climate disclosure norms starting from 2024.

Addressing climate and ESG challenges is about more than just good intentions. As the saying goes, "Hell is paved with good intentions", which holds true in the context of Environmental, Social, and Governance (ESG) issues.

A consortium of investors, representing over $1tn in assets under management, has addressed the IFRS Foundation's ISSB.

The IOSCO has recently formally endorsed the new IFRS standards on sustainability and climate-related disclosure.

In a recent post by Diligent, the company outlined some key details surrounding the International Sustainability Standards Board (ISSB).