IOSCO publishes a report on issuers’ sustainability-related disclosures
02 July 2021
The Board of the International Organization of Securities Commissions (IOSCO) has published a report on issuers’ sustainability-related disclosures. The report, developed by IOSCO’s Sustainable Finance Taskforce (STF), reiterates the urgent need to improve the consistency, comparability and reliability of sustainability reporting for investors.
The report elaborates on IOSCO’s vision and expectations for the IFRS Foundation’s work towards developing a common set of global sustainability standards to help meet investor needs.
The report focuses on three elements of IOSCO’s vision for improvement in issuers´ sustainability-related disclosures:
- Establishing an International Sustainability Standards Board with a strong governance foundation
- Building on Existing Efforts
- Encouraging a ‘Building Blocks’ approach
IOSCO’s press release with a summary of the report and the full report may be accessed here.