ISSB launches long-awaited sustainability accounting standards in world first

'Frontier-crossing' release

In a "frontier-crossing" release this morning (26 June), the International Sustainability Standards Board (ISSB) has launched its long-awaited set of global sustainability-related disclosure standards for capital markets.

The International Financial Reporting Standards Sustainability Disclosure Standards, S1 and S2 (IFRS S1 and S2), are designed to enable sustainability-related reporting to be used alongside annual statements and accounts at a global level, for the first time.   Speaking at the release of the standards this morning, Sue Lloyd, vice-chair of ISSB, described the release as a response to the "resounding request from the market to bring an end to the alphabet soup" of current reporting systems. As a result, both S1 and S2 are designed to enable TCFD compliance and are fully compatible with...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Principal Asset Management launches Article 9 food and biodiversity fund
ESG

Principal Asset Management launches Article 9 food and biodiversity fund

Companies targeting UN SDGs

clock 10 July 2024 • 1 min read
Labour government lifts 'de facto' ban on new onshore wind farms
ESG

Labour government lifts 'de facto' ban on new onshore wind farms

First climate commitment to be upheld

Michael Holder
clock 08 July 2024 • 4 min read
Aspectus Group's Brad Starr: The industry's green infatuation is changing
ESG

Aspectus Group's Brad Starr: The industry's green infatuation is changing

Re-evaluating its stance

Brad Starr
clock 28 June 2024 • 3 min read
Trustpilot