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The accelerated pace towards standard-setting for corporate sustainability reporting is a result in both the urgency of sustainability challenges and in particular in a huge change in investor opinion in favour of making it happen. Table: Comparison of climate disclosures in the EU and international reporting standards.
Howitt spent 22 years as a Member of the European Parliament before becoming chief executive officer of the International IntegratedReporting Council, which has since been rolled into the International Sustainability Standards Board. Howitt expects to see something similar this time around.
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