IOSCO announces Technical Expert Group to collaborate with IFRS Foundation on sustainability project
02 April 2021
IOSCO has announced establishment of a Technical Expert Group (TEG) under its Sustainable Finance Task Force (STF) to work closely with the IFRS Foundation’s working group on its sustainability project.
The TEG will be tasked with reviewing and assessing its technical recommendations focused on enterprise value creation. The TEG will assess refinements to the prototype and its content, including industry-specific metrics.
Given the urgent need to improve sustainability-related disclosures, the TEG is expected to complete its initial assessment of the technical recommendations and refinements to the prototype before COP 26 in November 2021.
The announcement by IOSCO may be accessed here.