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ISSB Moves to Standardize Reporting on Climate Transition Plans, GHG Emissions

ESG Today

Under the new initiative, forming part of the ISSB’s new two-year work plan, the ISSB announced that the IFRS Foundation will assume responsibility for the Transition Task Force disclosure framework, and that it has signed an agreement with the GHG Protocol aimed at ensuring compatibility between the organizations’ GHG reporting standards.

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What every CFO needs to know about the new sustainability reporting standard

We Mean Business Coalition

At COP26 a new initiative was launched, contributing to the veritable alphabet soup of abbreviations in the world of sustainability. CFOs need to take note of the new initiative, because ISSB and IASB will also work in close cooperation to establish connectivity between the standards via existing guiding principles of integrated reporting.

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IFRS Foundation, VRF Finalise Consolidation Arrangements

Chris Hall

In a statement, the IFRS Foundation said its trustees and the VRF board confirmed their approval of a plan to consolidate the two foundations, a move that was first announced at COP26 in Glasgow in November 2021 as the International Sustainability Standards Board (ISSB) was launched.

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Sustainable Finance and Upcoming Reporting Requirements in 2022

Sphera

Even after the 26th United Nations Climate Change Conference of the Parties (COP26) came to a close last November, the ESG landscape still remains unclear. Product-level disclosure requirements affect pre-contractual disclosure (client information, brochure, etc), product website disclosure, and periodic product reports.