Government supports IFRS Foundation consultation on sustainability reporting

Released 10 November 2020

The Government and UK financial regulators have issued a joint statement welcoming the publication of the International Financial Reporting Standards (IFRS) Foundation Trustees’ consultation on a global approach to sustainability reporting, which runs until 31 December 2020.

The statement recognises that climate change and sustainability are challenges that extend beyond national borders, and that internationally agreed standards will help to achieve consistent and comparable reporting on environmental, social and governance (ESG) matters. It expresses support for the IFRS Foundation Trustees leading the conversation and work in this area. The statement also sets out the UK government and UK financial regulator’s current commitments and future intentions.

View the Government's Initial response to IFRS Foundation Trustees consultation.

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