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One of its standout events was the public webinar hosted by the Taskforce on Nature-related Financial Disclosures (TNFD). It marked the culmination of two years of development, four beta releases, and more than 3000 pieces of feedback. In this context, last year's New York Climate Week was a monumental occasion.
Over the years, several different standards and frameworks have been developed in response to specific events, needs, and demands. International IntegratedReporting Council (IIRC) and Sustainability Accounting Standards Board (SASB) – Framework and standard founded in 2010-2011 to provide ESG metrics to an investor audience.
These standards can provide the foundation for advancing shared sustainability objectives, whether you’re a corporatefinancial institution, a government, or a regulator.” This will ensure a global baseline and allow the ISSB standards to be applicable to any accounting framework, she said.
“By building on the TCFD’s framework, the ISSB’s climate proposals will create further consistency, comparability and reliability across climate disclosure so investors can make more informed financial decisions,” said Mary Schapiro, Head of the TCFD Secretariat. . Connecting two pillars .
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