IFRS Foundation Trustees consult on global approach to sustainability reporting

Released 30 September 2020

The Trustees of the IFRS Foundation have published a consultation paper to assess demand for global sustainability standards and, if demand is strong, assess whether and to what extent the Foundation might contribute to the development of such standards.

The consultation document sets out possible ways the Foundation might contribute to the development of global sustainability standards by broadening its current remit beyond the development of financial reporting standards and using its experience in international standard-setting, its well-established and supported standard-setting processes and its governance structure.

The consultation runs until 31 December 2020.

Further information, including a link to the consultation document, can be found at https://www.ifrs.org/news-and-events/2020/09/ifrs-foundation-trustees-consult-on-global-approach-to-sustainability-reporting/.

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