The International Sustainability Standards Board (ISSB) has today issued its inaugural standards – IFRS S1 and IFRS S2 – ushering in a new era of sustainability-related disclosures in capital markets worldwide. The Standards will help to improve trust and confidence in company disclosures about sustainability to inform investment decisions.
And for the first time, the Standards create a common language for disclosing the effect of climate-related risks and opportunities on a company’s prospects.
The Standards were officially launched by ISSB Chair Emmanuel Faber at the IFRS Foundation’s annual conference and through a week of events hosted by stock exchanges around the world, including those in Frankfurt, Johannesburg, Lagos, London, New York, Santiago de Chile; the ASEAN Capital Markets Forum is also hosting a launch event in Singapore.
IFRS – ISSB issues inaugural global sustainability disclosure standards.
