Released 28 April 2021
The Sustainability Accounting Standards Board (SASB) and the International Integrated Reporting Council (IIRC) have confirmed that they are working on plans to merge the bodies with the creation of the Value Reporting Foundation.
The merger is designed to simplify the reporting requirements for listed companies and reduce the current complexity of operating multiple systems.
Further details can be found in the SASB press release (25 November 2020).
Read the full story on Accountancy Daily.